Smith v. Equitable Life Assurance Society of the United States

The opinion of the Court was delivered by

Mr. Justice Baker.

These suits were brought by the respondents against appellant for a decree declaring in full force and effect two policies of insurance issued by appellant on the life of the re spondent Thomas H. Smith, and to prevent the enforcement of the lapse thereof on account of the non-payment of the premiums when due under an extension agreement. The respondent Daisy H. Smith is a party to the cause only by reason of being the beneficiary designated in the policies. Hereinafter, the word “respondent” will have reference to only Thomas H.…