Legal Opinion

Wellhouse v. United Paper Co.

Court of Appeals for the Fifth Circuit

Decided January 7, 1929No. 5367PublishedCited by 15 opinions

1Opinion of the Court

WALKER, Circuit Judge.

On April 7, 1925, the Mutual Life Insurance Company of New York issued a policy of insurance on the life of Alvin Wellhouse in the sum of $50,000, payable to United Paper Company, its successors or assigns. At that time the insured and his brother Louis Wellhouse were the principal stockholders of the United Paper Company; Louis being the president, and Alvin the vice president and the principal executive officer, of the company. The policy was obtained pursuant to an agreement between the brothers that it be taken out for the benefit of the paper company. Prior to the…

2Cases cited5 opinions

  1. Connecticut Mutual Life Insurance v. SchaeferSupreme Court of the United States · 1877
  2. Grigsby v. RussellSupreme Court of the United States · 1911
  3. Smithsonian Institution v. MeechSupreme Court of the United States · 1898
  4. Rothwell v. DeweesSupreme Court of the United States · 1863
  5. United States v. Supplee-Biddle Co.Supreme Court of the United States · 1924

3Cited by15 opinions

  1. Lincoln Nat. Life Ins. Co. v. ScalesCourt of Appeals for the Fifth Circuit · 1933
  2. Waldman v. MainiNevada Supreme Court · 2008
  3. Allen v. HudsonCourt of Appeals for the Eighth Circuit · 1929
  4. Susan Herman, Lucy Prashker and Martha Prashker v. The Provident Mutual Life Insurance Company of Philadelphia, and Counterclaimant v. Edward A. Brill, Carmel P. Ebb, Paul R. Frank, Stanley Futterman, Murray Gartner, William E. Malarkey, Peyton H. Moss, Eric Rosenfeld and Eric D. Witkin, Counterclaim and Certain Cross-Claimants, Edward A. Brill, William E. Malarkey, Carmel P. Ebb, Counterclaim and Certain Cross-Claimants Paul R. Frank, Stanley Futterman, Peyton H. Moss, Eric Rosenfeld and Eric D. Witkin, Cross-Claimants-Appellants v. Susan Herman, Lucy Prashker and Martha Prashker, as Co-Executrices Under the Last Will and Testament of Herbert Prashker, and Murray Gartner, Cross-Claim Murray Gartner, Cross-ClaimCourt of Appeals for the Second Circuit · 1989
  5. United States Life Insurance v. Logus Manufacturing Corp.District Court, S.D. Florida · 2012

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