Patterson v. Equitable Life Assurance Society
Supreme Court of Arkansas
Appeal from Howard Circuit Court; Jefferson T. Cowling, Judge; STATEMENT BY THE COURT. The appellant sued the appellee on a policy of life insurance in the sum of $2,000, issued by the appellee on the life of T. P. Patterson in favor of the appellant as beneficiary, alleging tbe issuance of the policy, compliance on the part of the insured with its provisions, the death of the insured, demand upon appellee for the payment of the amount of the policy and its refusal to pay,…
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Appeal from Howard Circuit Court; Jefferson T. Cowling, Judge; STATEMENT BY THE COURT. The appellant sued the appellee on a policy of life insurance in the sum of $2,000, issued by the appellee on the life of T. P. Patterson in favor of the appellant as beneficiary, alleging tbe issuance of the policy, compliance on the part of the insured with its provisions, the death of the insured, demand upon appellee for the payment of the amount of the policy and its refusal to pay, and praying for judgment in the sum of $2,000, and for 12 per cent penalty and a reasonable attorney’s fee. The appellee…
1Opinion of the Court
Wood, J.,
(after stating the facts). The court did not err in directing a verdict for the amount mentioned in the statement. The facts as set forth in the agreed statement are undisputed.
Under the provisions of the contract of insurance, upon the failure of Patterson to pay the premium within the time allowed, his contract of insurance was not wholly forfeited, but he had the following rights, towit: (a) To have the policy reinstated at any time upon evidence of good health satisfactory to appellee, and by paying any indebtedness due the company, with interest thereon at 5 per cent; (b) to…
2Cases cited8 opinions
- American Insurance v. HornbargerSupreme Court of Arkansas · 1908
- Fidelity Mutual Life Insurance v. BussellSupreme Court of Arkansas · 1905
- Lenon v. Mutual Life InsuranceSupreme Court of Arkansas · 1906
- Citizens' National Life Insurance v. MorrisSupreme Court of Arkansas · 1912
- Capital Fire Insurance v. ShearwoodSupreme Court of Arkansas · 1908
3 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Sovereign Camp Woodmen of the World v. NewsomSupreme Court of Arkansas · 1920
- O'Connor v. Metropolitan Life InsuranceSupreme Court of Connecticut · 1936
- United States Fidelity & Guaranty Co. v. MaxwellSupreme Court of Arkansas · 1922
- Officer v. New York Life InsuranceSupreme Court of Colorado · 1923
- American Life Ass'n v. VadenSupreme Court of Arkansas · 1924
9 more not listed; retrieve them via the Exa API.