Stiewel v. American Surety Co.
Supreme Court of Arkansas
Appeal from Pulaski Circuit Court. Josepi-i W. Martin, Judge. STATEMENT BY THE COURT. The New York Life Insurance Company issued to S. J. Shields a paid up policy of insurance upon his life for the sum of $760, which he afterwards assigned to Moses Siegel. Shields died, and the insurance was claimed by Siegel and also by Fannie Shields, the widow of S. J. Shields.
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Appeal from Pulaski Circuit Court. Josepi-i W. Martin, Judge. STATEMENT BY THE COURT. The New York Life Insurance Company issued to S. J. Shields a paid up policy of insurance upon his life for the sum of $760, which he afterwards assigned to Moses Siegel. Shields died, and the insurance was claimed by Siegel and also by Fannie Shields, the widow of S. J. Shields. In this predicament the insurance company offered to pay the insurance to Mrs. Shields if she would procure a bond of indemnity from the American Surety Company to the insurance company to protect it from loss in the event it had to…
1Opinion of the Court
Riddick, J.,
(after stating the facts.) This is an action on a bond of indemnity given by the defendants, Abe Stiewel and Maxwell Coffin, to the plaintiff, the American Surety Company, in order to induce it to give another bond to the New York Life Insurance Company. The giving of this bond by the surety coinpany was the condition on which the insurance company had agreed to pay to Mrs. Shields, a sister of Abe Stiewel, the amount due on a certain insurance policy, about which there was some dispute by reason of the fact that another party had set up a claim thereto. The surety company gave…
2Cases cited1 opinion
- Wagner v. National Life Ins. Co. of MontpelierCourt of Appeals for the Sixth Circuit · 1898
3Cited by6 opinions
- Hollenbeck-Bush Planing Mill Co. v. AmwegCalifornia Supreme Court · 1917
- Goset v. GosetSupreme Court of Arkansas · 1914
- Washington County v. DaySupreme Court of Arkansas · 1938
- J. R. Watkins Medical Co. v. WarrenSupreme Court of Arkansas · 1921
- Johnson v. T. M. Dover Mercantile Co.Supreme Court of Arkansas · 1924
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