Nally v. Nally

Hall, Justice.

The contest in this case is between a gratuitous beneficiary named in a policy of insurance,- and one who claims that she was entitled, for a valuable consideration, to-wit, an agreement with the assured entered into prior to her marriage with him, to its benefit, in lieu of the volunteer named therein as such beneficiary. Among other conditions upon which the policy issued was this:

“ Eighth. This policy is issued and accepted upon the express condition that the assured may, with the consent of the company, at any time assign it,' or, before assignment, change the beneficiaries…