Travelers Insurance v. Fletcher American National Bank

This was an action by appellee Fletcher American National Bank of Indianapolis against appellant, The Travelers Insurance Company, the American Central Life Insurance Company and the Premier Motor Corporation, to recover on a policy of life insurance issued in the amount of $200,000 upon the life of L. Sherman Skelton by appellant, which policy had been assigned by said Skelton to the Premier Motor Corporation and by it to said appellee bank.

The complaint as amended was in one paragraph and alleged that the policy of insurance sued upon was issued by appellant on June 9, 1920, to L. Sherman…