Liebing v. Mutual Life Insurance
Supreme Court of Missouri
Appeal from St. Louis City Circuit Court. — No». George G. Hitchcock, Judge. (1) Sec. 7897, R. S. 1899, was in force when the policy in suit was issued and the same entered into and became a part thereof as much so as if copied therein. Hence the full three-fourths of the net or reserve value of the policy is applicable to purchase term insurance, for the outstanding loan is not deductible. The amendatory Act of 1903 (Laws 1903, p. 208) is inapplicable. Smith v. Ins.
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Appeal from St. Louis City Circuit Court. — No». George G. Hitchcock, Judge. (1) Sec. 7897, R. S. 1899, was in force when the policy in suit was issued and the same entered into and became a part thereof as much so as if copied therein. Hence the full three-fourths of the net or reserve value of the policy is applicable to purchase term insurance, for the outstanding loan is not deductible. The amendatory Act of 1903 (Laws 1903, p. 208) is inapplicable. Smith v. Ins. Co., 173 Mo. 329; Burridge v. Ins. Co., 211 Mo. 158; Whittaker v. Ins. Co., 133 Mo. App. 664; Christensen v. Ins. Co., 152 Mo.…
1Opinion of the CourtBlair, J.
This is an appeal from an order overruling a motion to set aside an involuntary nonsuit taken by appellant in the circuit court of the city of St. Louis in an action she instituted on an insurance policy issued by respondent, September 29, 1901, on the life of *515Frederick W. Y. Blees, the then husband of appellant.
Respondent, in its answer, admitted its corporate capacity and that it was engaged in the life insurance business; that it issued the policy sued on; that the annual premiums (each amounting to $4291.50) were paid in September 1901, 1902, 1903 and 1904, but denies any premium was…
2Cases cited3 opinions
- Haas v. Mutual Life InsuranceNebraska Supreme Court · 1909
- Smith v. Mutual Benefit Life InsuranceSupreme Court of Missouri · 1903
- Georgia Masonic Insurance v. DavisSupreme Court of Georgia · 1879
3Cited by16 opinions
- Leggett v. Missouri State Life Insurance CompanySupreme Court of Missouri · 1960
- Jo Ann Johnson v. State Mutual Life Assurance Co. Of AmericaCourt of Appeals for the Eighth Circuit · 1991
- Cleaver v. Central States Life InsuranceSupreme Court of Missouri · 1940
- Shields v. Vermont Mutual Fire InsuranceSupreme Court of Vermont · 1929
- Hughes Development Co. v. Omega Realty Co.Supreme Court of Missouri · 1997
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