Mutual Life Insurance Co. of New York v. Templeton

The Chancellor found in favor of the complainant, Mutual Life Insurance Company of New York, and ordered the cancellation and rescission of a $10,000 life policy issued April 10, 1959, upon the life of David A.- Templeton, husband of the defendant, Mrs. Pauline B. Templeton, now a resident of Memphis, Tennessee. The Chancellor dismissed the cross-bill of the .defendant seeking a recovery of the face amount of. the policy plus attorneys fees and penalties.

Mr. Templeton, who was a lawyer- in Dallas, Texas, died December 7, 1959, from cancer of the chest known as chondrosarcoma. In addition to…