Welch v. New York Life Ins. Co.

The opinion of the Court was delivered by

Mr. C. J. RamagE, Acting Associate Justice.

This action was brought to recover both actual and punitive damages for the alleged wrongful and fraudulent refusal of the defendant to deliver to the plaintiff two single premium endowment policies in the face amount of $500.00 each, or to return to him $1,000.00, the amount of the premiums paid therefor to an agent of the company. The defendant admitted receipt of the application for the insurance, but alleged that Welch failed to pay to it the premiums, the settlement for which, as provided by the terms of…