Darby v. Equitable Life Assur. Soc. of the United States
Supreme Court of Louisiana
Appeal from Nineteenth Judicial District Court, Parish of Iberia; James Simon, Judge. Suit by Mrs. Eveline M. Darby, widow of Henri Gerac, against the Equitable Life Assurance Society of the United States. From judgment for defendant, plaintiff appeals.
1Opinion of the CourtProvosty, J.
Plaintiff sues as beneficiary under a policy on the life of her deceased husband. She demands the full amount of the policy, $10,000, and, in the alternative, the withdrawal value. The yearly premiums were of $353.90, payable in advance. The first and second were paid. The third was to fall due on April 25, 1912. On the 13th of that month the defendant company made a loan of $430 to the assured, taking his note for that amount falling due April 25, 1913, secured by pledge of the policy, and bearing 5 per cent, interest payable in advance. The amount of the third yearly premium, together with…
2Cited by5 opinions
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