Legal Opinion
Bank of Idana v. Illinois Life Insurance
Supreme Court of Kansas
Decided April 9, 1932No. 30,390PublishedCited by 3 opinions
1Opinion of the Court
The opinion of the court was delivered by
Dawson, J.:
The Bank of Idana brought this action to collect the cash surrender and investment values of a life insurance policy which had been assigned to it as security for a loan which the bank had made to the policyholder.
Briefly the facts were these: On May 23, 1910, Charles Ross Worrall received from the Illinois Life Insurance Company a lifé*130survivorship investment policy of insurance for $2,000. Worrall kept this policy in force for many years by paying the prescribed periodical premiums thereon. On January 26, 1929, Worrall borrowed from the…
2Cases cited4 opinions
- Heston v. FinleySupreme Court of Kansas · 1925
- Shawnee State Bank v. Royal Union Life InsuranceSupreme Court of Kansas · 1929
- Elmore v. Continental Life InsuranceSupreme Court of Kansas · 1930
- Jenkins v. Union Central Life InsuranceSupreme Court of Kansas · 1923
3Cited by3 opinions
- Cockrill v. Southwestern Life Ins. Co.Court of Appeals of Texas · 1937
- Glamour Dolls Incorporated v. Lisa Frank IncorporatedDistrict Court, D. Arizona · 2022
- Wilson v. Prudential Insurance Co. of AmericaSuperior Court of Pennsylvania · 1936