Mutual Life Insurance v. Lowther

Action upon a life insurance policy by appellee (plaintiff below) against appellant (defendant). About January 1st, 1908, Mor daunt M. Lowther, husband of plaintiff, secured from defendant a twenty-year endowment policy upon his life, payable to plaintiff, his wife, in the event of his death prior to its maturity. The policy contained a clause reserving a right in the insured to revoke the appointment of beneficiary therein named and at any time while the policy was in force designate a new beneficiary with or without right of revocation, by filing written notice thereof at the home office of…