Legal Opinion

Hamilton v. Penn Mut. L. Ins. Co.

Mississippi Supreme Court

Decided March 13, 1944No. 35543PublishedCited by 3 opinions

1Opinion of the CourtSmith, C. J.

In May 1941, the appellant purchased two annuity policies from the appellee, paying a single premium for each. These policies are duplicates except as to the annuity to be paid. One of them recites that:

“The Penn Mutual Life Insurance Company
“Agrees to pay the Annuitant $25.71 on June 1, 1941, if the Annuitant be then living and a monthly annuity of Thirty Four & no/100 — Dollars during the lifetime' of the .Annuitant, commencing' on the First day of July, 1941, if the Annuitant he then living, and terminating with the last annuity payment preceding the death of the Annuitant. The Company…

2Cases cited2 opinions

  1. State Ex Rel. Gully v. Mut. L. Ins. Co.Mississippi Supreme Court · 1940
  2. N.Y. Life Ins. Co. v. MajetMississippi Supreme Court · 1935

3Cited by3 opinions

  1. R. A. Haberman, Jr., Independent of the Estate of Elizabeth H. Gravis, Deceased v. The Equitable Life Assurance Society of the United StatesCourt of Appeals for the Fifth Circuit · 1955
  2. American Deposit Corp. v. SchachtCourt of Appeals for the Seventh Circuit · 1996
  3. American Deposit Corporation v. SchachtCourt of Appeals for the Seventh Circuit · 1996

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