Allen v. Thompson
Court of Appeals of Kentucky
Case 64 — Action to Enforce Mortgage Lien APPEAL FROM PAYETTE CIRCUIT COURT. Judgment por Plaintiff and Defendant Appeals. 1. The claim of a policy holder in an insolvent life insurance company should be valued as a death claim, where from the age and the health of the claimant re-insurance would be impossible. Life Assn, of America v. Levy, 33 Ra. Ann., 1203; Drake v. Rollo, 3d Biss., 273; Chenault v. Bush, 84 Ky., 536; Ky. Flour Co’s assignee v. Mer. Nat.
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Case 64 — Action to Enforce Mortgage Lien APPEAL FROM PAYETTE CIRCUIT COURT. Judgment por Plaintiff and Defendant Appeals. 1. The claim of a policy holder in an insolvent life insurance company should be valued as a death claim, where from the age and the health of the claimant re-insurance would be impossible. Life Assn, of America v. Levy, 33 Ra. Ann., 1203; Drake v. Rollo, 3d Biss., 273; Chenault v. Bush, 84 Ky., 536; Ky. Flour Co’s assignee v. Mer. Nat. Bank, 90 Ky., 226; Bridgeford Trustee v. Barbour, 80 Ky., 534; Boston ■& Albany R. R. Co., v. Mercantile Trust & Deposit Co. of…
1Opinion of the Court
Opinion oj? tee coubt by
JUDGE HOBSON
Affirming.
Appellants, B. R. Allen and Eliza Allen, Ms wife, executed to the Kentucky Grangers’ Mutual Benefit Society on September 23, 1887, their note for $3,000, and secured it by a mortgage on the land of the wife, the consideration of the note being a loan of that amount by the company. They paid the interest on the note to September 10, 1890, and on that day $1,500 of the principal. On May 21, 1891, the society made an assignment to appellee, W. Z. Thomp*479son, for the benefit of its creditors, and on September 30, 1891, he filed this suit against…
2Cases cited1 opinion
- American Casualty Insurance Company's CaseCourt of Appeals of Maryland · 1896
3Cited by8 opinions
- Tross v. Bills'Court of Appeals of Kentucky · 1920
- Farmers Bank v. WickiffeCourt of Appeals of Kentucky · 1909
- Lincoln v. BurbankCourt of Appeals of Kentucky (pre-1976) · 1927
- Stewart v. GardnerCourt of Appeals of Kentucky · 1913
- Brown v. Union Central Life Insurance Co.Court of Appeals of Kentucky (pre-1976) · 1931
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