Trinity College v. Travelers Insurance Co. of Hartford
Supreme Court of North Carolina
Civil action, heard on complaint and demurrer before Brown, J., at October Term, 1893, of Durham Superior Court. The complaint was as follows: “1. That plaintiff is a religious corporation, located at Durham, N. C., and controlled by the Methodist Episcopal Church (South) of North Carolina. “ 2. That defendant is a corporation organized and doing business under the laws of the State of Connecticut.
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Civil action, heard on complaint and demurrer before Brown, J., at October Term, 1893, of Durham Superior Court. The complaint was as follows: “1. That plaintiff is a religious corporation, located at Durham, N. C., and controlled by the Methodist Episcopal Church (South) of North Carolina. “ 2. That defendant is a corporation organized and doing business under the laws of the State of Connecticut. “3. That on August 23, 1893, Edward Samuel Sheppe, of Durham, county of Durham, State of North Carolina, applied to said defendant for a policy of life insurance for $1,250 upon his own life, for…
1Opinion of the Court
Burwell, J.:
It is said in Mr. May’s Work on Insurance, § 102a, that “ to have an insurable interest in the life of another one must be a creditor or surety, or be so related by ties of blood or marriage as to have reasonable anticipation of advantage from his life,” and that an insurable interest in the life of another is “ such an interest arising from the relation of the party obtaining the insurance, either as creditor of or surely for the assured, or from ties of blood or marriage to him as will justify a reasonable expectation of advantage or benefit from the continuance of his life.”
*248Acce…
2Cases cited2 opinions
- Connecticut Mutual Life Insurance v. LuchsSupreme Court of the United States · 1883
- Bevin v. Connecticut Mutual Life InsuranceSupreme Court of Connecticut · 1854
3Cited by14 opinions
- Allgood v. Wilmington Savings & Trust CompanySupreme Court of North Carolina · 1955
- Albert v. Mutual Life InsuranceSupreme Court of North Carolina · 1898
- Hinton v. . Insurance Co.Supreme Court of North Carolina · 1904
- Victor v. . MillsSupreme Court of North Carolina · 1908
- Powell v. . DeweySupreme Court of North Carolina · 1898
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