New Amsterdam Casualty Co. v. Rust

This is a suit on two accident insurance policies, similar in their provisions, tried before the court without the intervention of a jury. The court found for the original plaintiff and entered judgment for the face value of both policies, together with a 25 per cent penalty. The insurance company has appealed. The case was tried upon the following stipulation of facts:

“1. That the two policies mentioned in the declarations were issued to the deceased, Horace Cornelius, on or about May 25, 1929, for a consideration of $0.50 per year paid as premium.

“2. That each of said policies provided…