Exchange Bank v. Loh
Supreme Court of Georgia
Petition for direction, etc. Before Judge Felton. Bibb superior court. November term, 1896.
1Opinion of the CourtLumpkin, P. J.
It is provided in section 2114 of our Civil Code that a policy of life-insurance may lawfully be taken out only upon the life “of the assured, or of another in whose continuance the assured has an interest.” It is well settled that a creditor has an insurable interest in the life of his debtor, but the nature and extent of this interest has become a seriously-complicated question. Much of the confusion now surrounding this subject is, we' think, attributable to two erroneous views which have been entertained and announced by quite a number of the most respectable courts and judges in this…
2Cases cited24 opinions
- Warnock v. DavisSupreme Court of the United States · 1882
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Connecticut Mutual Life Insurance v. SchaeferSupreme Court of the United States · 1877
- Cheeves v. Anders, AdministratorTexas Supreme Court · 1894
- Rawls v. . American Mutual Life Insurance CompanyNew York Court of Appeals · 1863
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3Cited by45 opinions
- Morris v. Georgia Loan, Savings & Banking Co.Supreme Court of Georgia · 1899
- Rylander v. AllenSupreme Court of Georgia · 1906
- State Farm Mutual Automobile Insurance v. HarperCourt of Appeals of Georgia · 1972
- Quillian v. JohnsonSupreme Court of Georgia · 1905
- Sanders Manufacturing Co. v. Dollar Savings BankSupreme Court of Georgia · 1900
40 more not listed; retrieve them via the Exa API.