Colby v. Life Indemnity & Investment Co.
Supreme Court of Minnesota
Appeal by defendant, the Life Indemnity and Investment Company, from an order of the District Court of Houston County, Jno. Whytoch, J., made February 6, 1894, denying its motion for a new trial. Defendant is a corporation organized October 10, 1881, under the laws of Iowa and doing business at Waterloo in that state.
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Appeal by defendant, the Life Indemnity and Investment Company, from an order of the District Court of Houston County, Jno. Whytoch, J., made February 6, 1894, denying its motion for a new trial. Defendant is a corporation organized October 10, 1881, under the laws of Iowa and doing business at Waterloo in that state. On December 80, 1882, Herman Colby took out a certificate of membership in the company for the sum of $2,500. This certificate constituted him a member and entitled his wife, Laura A. Colby, if death occurred within ten years to the proceeds of one full assessment not to exceed…
1Opinion of the CourtMitchell, J.
The defendant was originally organized under the laws of Iowa, by the name of the Union Mutual Aid Society, as a life insurance and endowment company under the “assessment” plan. December 30, 1882, it issued to plaintiff’s husband, Herman Colby, a certificate of membership. Having subsequently amended its constitution and by-laws so as to change it into a regular mutual life insurance company, on November 10, 1886, it issued to Colby the “supplementary” contract or policy.
This, of course, superseded the original certificate, at least in so far as the two were inconsistent. The latter is on…
2Cited by8 opinions
- Moore v. Kluthe & Lane Ins. Agency, Inc.South Dakota Supreme Court · 1975
- Stark v. Equitable Life Assurance Society of United StatesSupreme Court of Minnesota · 1939
- Wells v. Covenant Mutual Benefit Ass'nSupreme Court of Missouri · 1895
- Craig v. National Farmers Union Automobile & Casualty Co.South Dakota Supreme Court · 1956
- Peterson v. Great American InsuranceSouth Dakota Supreme Court · 1952
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