Page v. Metropolitan Life Insurance
Supreme Court of Arkansas
Appeal from St. Francis Circuit Court; Hance N. Hutton, Judge; statement by the court. This is an action by Thomas Page, William Page and Charles Page against the Metropolitan Life Insurance Company to recover on a policy of life insurance.
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Appeal from St. Francis Circuit Court; Hance N. Hutton, Judge; statement by the court. This is an action by Thomas Page, William Page and Charles Page against the Metropolitan Life Insurance Company to recover on a policy of life insurance. The policy was issued on June 30, 1905, and was payable to Ben Page, the insured, providing he was living at the end of 15 years, or, if he died before that time, it was made payable to his “legal representatives. ’’ The policy was for $2,000, and on June 29, 1906, Ben Page, by a written assignment, transferred ithe policy to Pettus & Buford. The insured…
1Opinion of the Court
Hart, J.,
(after stating the facts). Plaintiffs offered to prove that Pettus & Buford had no insurable interest in the life of Ben Page, now deceased, and that they paid nothing to the insured for the transfer to them of the policy sued on. The court refused to permit them to make this proof, and they now assign as error the ruling of the court in this regard. They contend that the insured had no right to assign the policy. There is an irreconcilable conflict of authority upon the question of whether or not a person has the right to assign a policy of life insurance taken out by himself to one…
2Cases cited4 opinions
- New York Mutual Life Insurance v. ArmstrongSupreme Court of the United States · 1886
- Rylander v. AllenSupreme Court of Georgia · 1906
- Johnson v. Knights of HonorSupreme Court of Arkansas · 1890
- Matlock v. BledsoeSupreme Court of Arkansas · 1905
3Cited by12 opinions
- Rock-Ola Mfg. Corp. v. Filben Mfg. Co.Court of Appeals for the Eighth Circuit · 1948
- Petty v. Mutual Benefit Life InsuranceSupreme Court of Iowa · 1944
- Webster v. TelleSupreme Court of Arkansas · 1928
- Home Life Ins. Co. of N.Y. v. MastersonSupreme Court of Arkansas · 1929
- Langford v. National Life & Accident InsuranceSupreme Court of Arkansas · 1915
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