Strode v. Meyer Bros. Drug Co.
Missouri Court of Appeals
Appeal from St. Louis City Circuit Court. — How. D: D. Fisher, Judge. (1) The evidence showed that the policy of insurance set out in plaintiff’s petition was taken out in consideration of said defendant’s agreement to release and discharge the deceased (Stokes) from any further liability on account of the indebtedness of said Stokes to defendant, and, therefore, the said policy of insurance became the absolute and unqualified property of the defendant, in which said…
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Appeal from St. Louis City Circuit Court. — How. D: D. Fisher, Judge. (1) The evidence showed that the policy of insurance set out in plaintiff’s petition was taken out in consideration of said defendant’s agreement to release and discharge the deceased (Stokes) from any further liability on account of the indebtedness of said Stokes to defendant, and, therefore, the said policy of insurance became the absolute and unqualified property of the defendant, in which said deceased (Stokes) and his estate had no present interest, nor any future interest except as to the $50 stipulated in the policy…
1Opinion of the CourtGoode, J.
In the year 1885, John M. Stokes, now deceased, was a member of the firm of J ones & Stokes, which was engaged in the drug business at Simmer, Illinois. At that time said firm owed Meyer Brothers Drug Company $111, or thereabouts, for merchandise. October 12, 1897, Stokes made a written application to the Fidelity Mutual Life Insurance Company of Philadelphia, for a policy of insurance in the sum of $5,000 on his life, and a policy was issued by said insurance company in November of that year, by which $50 was to be paid to Stokes’ administrator or executor at his death, and the remainder of…
2Cases cited12 opinions
- Warnock v. DavisSupreme Court of the United States · 1882
- Exchange Bank v. LohSupreme Court of Georgia · 1898
- Stevens v. WarrenMassachusetts Supreme Judicial Court · 1869
- Tate v. Commercial Building Ass'nSupreme Court of Virginia · 1899
- Whitmore v. Supreme Lodge Knights & Ladies of HonorSupreme Court of Missouri · 1889
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3Cited by14 opinions
- Johnson v. Great Heritage Life Insurance Co.Missouri Court of Appeals · 1973
- Boyle v. CrimmSupreme Court of Missouri · 1952
- Urquhart v. Alexander & Alexander, Inc.Court of Appeals of Maryland · 1972
- Sage v. FinneyMissouri Court of Appeals · 1911
- Jenkins v. MorrowMissouri Court of Appeals · 1908
9 more not listed; retrieve them via the Exa API.