Legal Opinion

Smith v. Reserve Loan Life Insurance

Supreme Court of Missouri

Decided March 30, 1916PublishedCited by 1 opinion

Appeal from Jackson Circuit Court. — Eon. James EL Slover, Judge. (1) The Postal Telegraph-Cable Company “was. bound to deliver to appellant the money,” not its check, nor a draft, nor an order on itself. Robinson v. Tel. Co., 24 Ky. L. Rep. 456; Tel.

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Appeal from Jackson Circuit Court. — Eon. James EL Slover, Judge. (1) The Postal Telegraph-Cable Company “was. bound to deliver to appellant the money,” not its check, nor a draft, nor an order on itself. Robinson v. Tel. Co., 24 Ky. L. Rep. 456; Tel. Co. v. Cougar, 84 Ind. 178. (2) The order drawn by “ C. Fred Knight, Money Transfer Agent,” at Indianapolis, directing the “Treasurer of Money Transfer Department Postal Telegraph-Cable Co.” at New York to “pay to the order of Reserve Loan Life Insurance Comphny $595.40,” was not negotiable, was not. a check or a bankable draft, and it is very…

1Opinion of the Court

OPINION.

I

BOND, J.

This is a suit on an insurance policy taken out hy Frank H. Smith on November 11,, 1909, in favor of his wife, Mabel L. Smith, the respondent herein, in the sum of $10,000 in the Reserve Loan Life Insurance Company, upon payment of the first annual premium thereon of $732.

On the 11th day of November, 1910, when the second annual premium became due, the said Frank L. Smith was unable to pay the same and applied to the defendant company for an extension of time; to-wit, to the 11th of February, 1911, which extension was granted hy said defendant company, in consideration of…

2Cases cited2 opinions

  1. Williams v. RorerSupreme Court of Missouri · 1842
  2. Shipp v. StackerSupreme Court of Missouri · 1843

3Cited by1 opinion

  1. Lee v. PetersMissouri Court of Appeals · 2008

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