First National Bank v. Security Mutual Life Insurance
Supreme Court of Missouri
Appeal from Jackson Circuit Court. — Hon. Allen G. Southern, Judge. (1) There conld be no recovery in this case for vexations delay and attorney’s fees. This was a Texas contract, and the penalties imposed by onr statute do not extend to the obligations of a Texas contract. Thompson v. Traders Ins.
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Appeal from Jackson Circuit Court. — Hon. Allen G. Southern, Judge. (1) There conld be no recovery in this case for vexations delay and attorney’s fees. This was a Texas contract, and the penalties imposed by onr statute do not extend to the obligations of a Texas contract. Thompson v. Traders Ins. Co., 169 Mo. 12. (2) In an ordinary life insurance policy the beneficiary named in the policy becomes the owner of it the moment it is issued, and the person procuring the insurance cannot by any subsequent act of his, transfer to others the interest of the beneficiary. Splawn v. Chew, 60 Tex. 534;…
1Opinion of the CourtWilliamson, J.
The First National Bank of Beeville, Texas (hereinafter called the Bank), brought suit in the Circuit Court of Jackson County, Missouri, against - the Security Mutual Life Insurance Company of Binghamton, New York (hereinafter called the Insurance Company), to recover an amount claimed to be due upon a life insurance policy issued by the company upon the life of Albert G-. Kennedy. Plaintiff recovered a judgment in the sum of $7315.14 and $750 for attorney’s fees. The company has duly brought the cause to this court upon a writ of error.
The suit grew out of the following facts: Albert G-.…
2Cases cited14 opinions
- Warnock v. DavisSupreme Court of the United States · 1882
- Cheeves v. Anders, AdministratorTexas Supreme Court · 1894
- Splawn v. ChewTexas Supreme Court · 1883
- Thompson v. Traders' InsuranceSupreme Court of Missouri · 1902
- Price v. Supreme Lodge Knights of HonorTexas Supreme Court · 1887
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3Cited by15 opinions
- Willis v. American National Life Insurance Co.Missouri Court of Appeals · 1956
- Davis v. Modern Industrial BankNew York Court of Appeals · 1939
- Taylor v. Southern Bank & Trust Co.Supreme Court of Alabama · 1933
- Metropolitan Life Ins. Co. v. HaackDistrict Court, W.D. Louisiana · 1943
- State Ex Rel. Whitaker v. HallSupreme Court of Missouri · 1962
10 more not listed; retrieve them via the Exa API.