Legal Opinion

Holder v. Prudential Insurance

Supreme Court of South Carolina

Decided July 8, 1907No. 6579PublishedCited by 15 opinions

Action 'by Deborah Holder, Bessie Holder and Lula Holder, by guardian, against Prudential Insurance Co. of America. From judgment for plaintiff, defendant appeals. cite: Right to change beneficiary includes right to surrender: 2 May on Ins., sec. 399 L., 399 M.; 126 III, 387; 19 Fed. R., 671; 41 Fed. R., 1.; 70 Mich., 587; 113 Cal., 91; 68 Fed. R., 825; 4 Cooley on Law of Ins., 3755; 99 Fed.

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Action 'by Deborah Holder, Bessie Holder and Lula Holder, by guardian, against Prudential Insurance Co. of America. From judgment for plaintiff, defendant appeals. cite: Right to change beneficiary includes right to surrender: 2 May on Ins., sec. 399 L., 399 M.; 126 III, 387; 19 Fed. R., 671; 41 Fed. R., 1.; 70 Mich., 587; 113 Cal., 91; 68 Fed. R., 825; 4 Cooley on Law of Ins., 3755; 99 Fed. R., 199; 17 S. W., 864; 33 S. W., 937; 82 S. W., 420; 68 N. Y. Supp., 128. cites: Insured cannot surrender or cancel without consent of beneficiaries: 4 Berry-man Dig., 1700, 1701; 102 N. Y., 151; 128 U.…

1Opinion of the Court

The opinion of the Court was delivered by

Mr. Justice Gary.

This is an action upon a policy of insurance, in which the complaint alleges:

“That on or about the day of April, 1904, the defendant, by its authorized agent, R. H. Ferguson^ for valuable consideration, to wit: the delivery to' him for said defendant of the note of B. D. Holder, to be due November 15th, 1904, as a first premium., and of the agreement of said Flolder to pay subsequent premiums as they should fall due, in accordance with the terms of said policy, agreed to insure, and thereby did insure, the life of said B. D. Holder for…

2Cases cited1 opinion

  1. Central Bank of Washington v. HumeSupreme Court of the United States · 1888

3Cited by15 opinions

  1. Indiana National Life Insurance v. McGinnisIndiana Supreme Court · 1913
  2. Irvine v. Town of GreenwoodSupreme Court of South Carolina · 1911
  3. Antley v. New York Life InsuranceSupreme Court of South Carolina · 1927
  4. Faust v. Richland CountySupreme Court of South Carolina · 1921
  5. Johnson v. New York Life InsuranceSupreme Court of Colorado · 1914

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