Peoples Life Ins. Co. v. Whiteside

STRUM, District Judge.

On January 21, 1935, Albert K. White-side applied to the appellant insurance company for a $10,000 policy of life insurance, with double indemnity for accidental death. The named beneficiary was “Faye Blassingame — creditor— * * * if living; otherwise to the Insured’s executors, administrators or assigns.” The application was submitted by Whiteside through J. B. Stephenson, the appellant’s general agent at Dallas, Tex., who forwarded the application to the company, together with the agent’s check for $8.68 representing the net sum the general agent thought to be due the…