Travelers Insurance v. Heppenstall Co.

Weiss, J.,

— This is a bill in equity brought by The Travelers Insurance Company, a corporation, plaintiff, against Heppenstall Company, a corporation, defendant, seeking to cancel and annul a policy of life insurance in the amount of $50,000 issued August 22, 1945, upon the life of Leo A. Daines and naming defendant, Heppenstall Company, as beneficiary.

The bill also seeks to restrain defendant from bringing action at law upon said policy of life insurance.

Defendant filed an answer and the matter came on for a hearing before the court, sitting as a chancellor, on May 7, 1947.

From the testimony…