Mutual Life Insurance v. Rodney
Court of Chancery of Delaware
This cause came before the Chancellor on a petition and motion by the complainant for leave to pay into court money due under a policy of insurance on the life of Robert L. Rodney, deceased. The facts are sufficiently set forth in the opinion of the Chancellor.
1Opinion of the Court
The Chancellor.
A bill has been filed by a life insurance company for leave to pay into court the principal of an insurance policy and to bring in the two persons who have asserted conflicting claims to it to interplead concerning it. No cause being shown, a decree of interpleader is sought, and the only question is one raised informally and argued as to whether the complainant must also bring into court interest on the amount admittedly due under the policy. The insured died in 1913, and on May 6, 1913, the company ordered payment of the loss. In his lifetime the insured assigned the policy…
2Cases cited2 opinions
- John Agnew Co. v. Board of EducationNew Jersey Court of Chancery · 1914
- Mueller v. Northwestern UniversityIllinois Supreme Court · 1902
3Cited by5 opinions
- New York Life Ins. Co. v. CooperDistrict Court, S.D. New York · 1944
- Maycock v. Continental Life Ins. Co.Utah Supreme Court · 1932
- Nelson v. Canadian Industrial Alcohol Co.Superior Court of Delaware · 1937
- Keyser v. Gieda, Pennsylvania Court of Common Pleas, Luzerne County1931
- Savings Bank of Newport v. StonemanSuperior Court of Rhode Island · 1933