New York Life Insurance v. Patten

This was a suit upon a policy of life insurance issued by the New York Life Insurance Company. A verdict was returned in favor of the plaintiff, and a new trial was denied. The undisputed evidence showed that the insured, in his written and signed application for the policy sued upon, made a false representation as to a matter material to the risk, to wit,’that no application for insurance upon his life had ever been declined' or was then pending. It also appears that in that application he stipulated as follows: “ I agree . . that only the president, a vice-president, a second…