Mutual Life Ins. v. Batson
Mississippi Supreme Court
Appeal from chancery court of Forrest county. Hon. D. M. Watkins, Chancellor. Suit by Mrs. Sarah S. Batson against the Mutual Life Insurance Company of New York. Decree for plaintiff, and defendant appeals. No brief found in the record for either side.
1Opinion of the CourtSmith, C. J.
On March 25, 1902, the appellant executed and delivered to Ii. T. Batson its two insurance policies for one thousand dollars each on the life of Batson, payable to *790bis wife, on which the annual premiums were payable in advance on the 25th day of March of each year. In October, 1914, Batson borrowed from the company three hundred and sixty-seven dollars on each of the policies, executing and delivering to the company his two promissory notes each for that .amount, and also delivering to the company the two policies as security for the notes. These notes were due on March 25, 1915, the date on…
2Cited by1 opinion
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