McCraw v. Vernon

This controversy is over the proceeds of a life insurance policy for $500, issued May 15, 1905, by the Life Insurance Company of Virginia on the life of Calvin A. McCraw. The discussion of the case has taken a much wider range than is justified by the controlling facts which are clearly established and decisive of the question at issue.

It appears that at the time the policy was issued the insured was a single man and his sister, Eena Vernon, was named therein as his beneficiary, with the understanding that the beneficiary might be changed at any time. Three months after the policy was issued…