New York Life Insurance v. People ex rel. Wheatley

This was an action of debt, brought in the Williamson circuit court, to recover a statutory penalty against the appellant and one Will H. Piety, its agent. A jury was waived and there was a trial before the court, and a recovery had on two counts of the declaration, of the penalty of $500 on each count against each defendant. On appeal by the insurance company the Appellate Court affirmed the judgment, and the company took this its further appeal to this court.

The statute (Hurd’s Stat. 1899, p. 978,) is as follows:

“Sec. 1. That no life insurance company or association organized under the laws…