Jackson Bank v. Williams
Mississippi Supreme Court
EeoM the circuit court, first district, of Hinds county. How. Robeet Powell, Judge. Lula B. Williams, the appellee, was the plaintiff in the court below; the Jackson Bank, the appellant, was defendant there. The suit was an action of replevin for a life insurance policy.
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EeoM the circuit court, first district, of Hinds county. How. Robeet Powell, Judge. Lula B. Williams, the appellee, was the plaintiff in the court below; the Jackson Bank, the appellant, was defendant there. The suit was an action of replevin for a life insurance policy. The policy ivas upon the life of plaintiff’s husband; it designated the plaintiff, as beneficiary, to receive the money to become due upon it; it was procured by the husband, who paid the premiums, and who retained its possession until he liypotke-cated it to the bank. The wife saw the policy soon after its date, and knew of…
1Opinion of the Court
Terral, L,
delivered the opinion of the court.
The policy of life insurance issued by the Equitable Life Association of the United States upon the life of Charles D. Williams, payable to his wife, Lula B. Williams, became, upon its delivery to the insured, a vested interest in the wife, and such interest was thereafter irrevocable by the assured except with the consent of the beneficiary. The express terms of the contract as written in the policy make the proceeds of it payable to the wife, and this gives her in law the absolute title to the policy, and she alone could sue upon it in a court of…
2Cases cited6 opinions
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Griffith v. N.Y. Life Ins. Co.California Supreme Court · 1894
- Harley v. HeistIndiana Supreme Court · 1882
- Garner v. . Germania Life Ins. Co.New York Court of Appeals · 1888
- Hooker v. . SuggSupreme Court of North Carolina · 1889
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Mutual Life Ins. Co. of New York v. BufordSupreme Court of Oklahoma · 1916
- Grego v. GregoMississippi Supreme Court · 1900
- Lamar Life Ins. v. MoodyMississippi Supreme Court · 1920
- Mutual Benefit Life Insurance v. WilloughbyMississippi Supreme Court · 1910
- First-Columbus Nat. Bank v. D. S. Pate Lumber Co.Mississippi Supreme Court · 1932
3 more not listed; retrieve them via the Exa API.