Constitution Life Insurance v. M. D. Thompson & Son, Inc.

475 S.W.2d 165 (1972)

CONSTITUTION LIFE INSURANCE COMPANY, Appellant,

v.

M. D. THOMPSON & SON, INC., a Corporation, Appellee.

No. 5-5622.

Supreme Court of Arkansas.

January 17, 1972.

Hodges, Hodges & Hodges, Newport, for appellant.

Pickens, Pickens & Boyce, Newport, for appellee.

BYRD, Justice.

The issue on this appeal is when appellant Constitution Life Insurance Company became liable on a $10,000 substandard risk life insurance contract between it and Vance M. Thompson. Appellee M. D. Thompson & Son, Inc., is the beneficiary. The trial court held that appellant was liable from the date Vance Thompson…