Hardy v. . Insurance Co.

The plaintiff, W. P. Hardy, sues on three policies of insurance, which he alleges were issued by the defendant on 19 October, 1904, on the life of Parrott M. Hardy. He claims that he had an insurable interest in the life of the insured, and also as assignee of the policies.

The defendant resisted recovery upon the grounds:

1. That the plaintiff had no insurable interest in the life of the insured, and therefore could not apply for a policy of insurance on his life.

2. That he could not take as assignee, because the policy was not delivered to the insured, insisting that in the absence of…