Legal Opinion
Brancato v. National Reserve Life Ins. Co.
Court of Appeals for the Eighth Circuit
Decided November 6, 1929No. 8605PublishedCited by 9 opinions
1Opinion of the Court
WOODROUGH, District Judge.
A mother and daughter each signed a written application for a joint policy of insurance to be written on the two lives. They were examined by the local medical examiner-of the insurance company, were deemed- insurable by him, delivered the amount of the first annual premium in cash to the company’s agent, and accepted a so-called “binding receipt” therefor, as follows:
“No. -13-3-ri- Binding Receipt — To be used 4073© when first premium is paid in cash.
“Received six hundred two and 50/100 dollars (602.50), in cash intended to be the first annual premium for proposed…
2Cases cited3 opinions
- Insurance Co. v. Young's AdministratorSupreme Court of the United States · 1875
- Mohrstadt v. Mutual Life Ins.Court of Appeals for the Eighth Circuit · 1902
- Drake v. Missouri State Life Ins.Court of Appeals for the Eighth Circuit · 1927
3Cited by9 opinions
- Beaty v. Southland Life Ins. Co.Court of Appeals of Texas · 1930
- Bellak v. United Home Life Ins. CoCourt of Appeals for the Sixth Circuit · 1954
- Braman v. Mutual Life Ins. Co.Court of Appeals for the Eighth Circuit · 1934
- Natl. Life & Accident Ins. Co. v. BakerSupreme Court of Arkansas · 1962
- Powell v. Republic Nat. Life Ins. Co.Supreme Court of Alabama · 1976
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