Travelers' Insurance v. Healey
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendants, Ann Healey and others, from, a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the comity of Rensselaer on the 17th day of August, 1897, upon thé decision of the court rendered after a trial at the Rensselaer Special Term.
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Appeal by the defendants, Ann Healey and others, from, a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the comity of Rensselaer on the 17th day of August, 1897, upon thé decision of the court rendered after a trial at the Rensselaer Special Term. The parties, defendant in this action were Ann Healey, to whom the insured delivered the policy in question as collateral security for a debt, Samuel • A. Peterson and G-eorge A. Packer, to whom the ■wife of the insured, with the consent of the insured, subsequently assigned her interest in the policy,…
1Opinion of the Court
Landon, J.:
A majority of the court are of opinion that this action is maintainable for the reasons stated by Mr. Justice Putnam upon the former appeal (86 Hun, 534). That conclusion having been reached, *56a majority of the court concur in tlie following opinion, and in the' judgment directed.
If this action is maintainable, then I advise that the $740 be awarded to the defendant Ann Healey. The policy, at the option of the holder, was convertible under the terms of the 8th clause into an endowment policy for his benefit. Alonzo IT. Doty in May, T874, took out the policy and paid the premiums for…
2Cases cited6 opinions
- Whitehead v. . New York Life Ins. Co.New York Court of Appeals · 1886
- People v. Security Life Insurance & Annuity Co.New York Court of Appeals · 1879
- Valton v. . the National Fund Life Assurance CompanyNew York Court of Appeals · 1859
- Walsh v. Mutual Life InsuranceNew York Court of Appeals · 1892
- Miller v. . CampbellNew York Court of Appeals · 1893
1 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Wagner v. ThieriotAppellate Division of the Supreme Court of the State of New York · 1922
- Davis v. Modern Industrial BankNew York Court of Appeals · 1939
- Levy's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1933
- Dannhauser v. . WallensteinNew York Court of Appeals · 1901
- Cornell v. Mutual Life InsuranceMissouri Court of Appeals · 1914
15 more not listed; retrieve them via the Exa API.