Equitable Life Assur. Soc. v. Larocco

WOOLLEY, Circuit Judge.

Tony Larocco, husband of tho plaintiff, had been employed by the Pittsburgh Screw & Bolt Corporation. That concern had taken out two policies of group life insurance with tho defendant insurance company; one, a gratuity between itself and its employees, was a non-eontributory policy, that is, a policy whereunder the premiums were paid by the Screw & Bolt Corporation wholly from its own funds; the other, a contributory policy, whereunder the premiums, though formally paid by tho Screw & Bolt Corporation, were made up of moneys partly contributed by the Corporation and…