Legal Opinion
New York Life Ins. v. Federal Nat. Bank of Shawnee
Court of Appeals for the Tenth Circuit
Decided May 15, 1944No. 2857PublishedCited by 4 opinions
1Opinion of the Court
PHILLIPS, Circuit Judge.
On February 10, 1919, the New York Life Insurance Company1 issued a policy of ordinary life insurance on the life of Patrick H. Adams2 in the sum-of $25,000. The first annual premium was paid thereon. On June 25, 1919, it was converted into two policies, one for $5,000 and one for $20,000. On December 20, 1924, the insured assigned the $20,000 policy 3 to The Federal National Bank of Shawnee, Oklahoma.4 The effective date and the anniversary of the assigned policy by its terms was February 10, 1919. The annual premium of $821.20 was payable in advance. On May 1, 1922,…
2Cases cited15 opinions
- Ruhlin v. New York Life InsuranceSupreme Court of the United States · 1938
- Mutual Life Ins. Co. of NY v. JohnsonSupreme Court of the United States · 1934
- New York Life Insurance v. JacksonSupreme Court of the United States · 1938
- Rosenthal v. New York Life InsuranceSupreme Court of the United States · 1938
- Wilson v. Mid-Continent Life Ins. Co.Supreme Court of Oklahoma · 1932
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3Cited by4 opinions
- Federal National Bank of Shawnee, Oklahoma v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1950
- State v. ShabazzNew Jersey Superior Court Appellate Division · 1993
- Great American Insurance Company v. Fireman's Fund Insurance Company, and Fairfield & Ellis, Inc.Court of Appeals for the Second Circuit · 1973
- WESTERN STAR MILL COMPANY v. BurnsSupreme Court of Oklahoma · 1956