Weil v. Travelers' Ins. Co.
Alabama Court of Appeals
Appeal from Circuit Court, Montgomery County;' W. W. Pearson, Judge. Action by Pauline Weil against the Travelers’ Insurance Company. Judgment for defendant. and plaintiff appeals. The action was based on the policy of life insurance issued, by appellee on January 21, 1898, on the life of Charles W. Jones, whereby it agreed to pay to. the executors, administrators, or assigns of said Jones $1,000 on proof of his death.
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Appeal from Circuit Court, Montgomery County;' W. W. Pearson, Judge. Action by Pauline Weil against the Travelers’ Insurance Company. Judgment for defendant. and plaintiff appeals. The action was based on the policy of life insurance issued, by appellee on January 21, 1898, on the life of Charles W. Jones, whereby it agreed to pay to. the executors, administrators, or assigns of said Jones $1,000 on proof of his death. The policy contained' the following clause: “It is hereby further agreed that after two years from the date hereof, the only conditions which shall be binding upon the holder…
1Opinion of the CourtBrown, J.
[t] The law is settled that a contract of life insurance issued to one who has an insurable interest in the life insured is a valid and enforceable contract. Helmetag’s Adm’r v. Miller, 76 Ala. 183, 52 Am. Rep. 316; Alabama Gold Life Ins. Co. v. Mobile Mutual Ins. Co., 81 Ala. 329, 1 South. 561; Troy v. London, 145 Ala. 280, 39 South. 713. As observed by Mr. Justice Holmes of the United States Supreme Court:
“Life insurance has become in our day one of the best recognized forms of investment and self-compelled saving.” Grigsby v. Russell, 222 U. S. 149, 32 Sup. Ct. 58, 56 L. Ed. 133, 36 L. R.…
2Cases cited29 opinions
- Fletcher v. PeckSupreme Court of the United States · 1810
- Cummings v. MissouriSupreme Court of the United States · 1867
- Grigsby v. RussellSupreme Court of the United States · 1911
- Ritter v. Mutual Life Ins. Co. of NYSupreme Court of the United States · 1898
- Supreme Commandery of the Knights of the Golden Rule v. AinsworthSupreme Court of Alabama · 1882
24 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Weeks v. New York Life Ins. Co.Supreme Court of South Carolina · 1924
- Metropolitan Life Ins. Co. v. JamesSupreme Court of Alabama · 1934
- American Nat. Ins. Co. v. MossSupreme Court of Alabama · 1927
- National Life Accident Ins. Co. v. AlexanderSupreme Court of Alabama · 1933
- Modern Woodmen of America v. KehoeMississippi Supreme Court · 1946
2 more not listed; retrieve them via the Exa API.