Legal Opinion

Security Mutual Life Insurance v. Little

Supreme Court of Arkansas

Decided June 28, 1915PublishedCited by 6 opinions

Appeal from Benton 'Circuit Court; J. 8. Maples, Judge; 1. The complaint shows on its face that the contracts out of which this litigation developed were wagering contracts and contrary to public policy.

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Appeal from Benton 'Circuit Court; J. 8. Maples, Judge; 1. The complaint shows on its face that the contracts out of which this litigation developed were wagering contracts and contrary to public policy. It is the settled rule that where a contract is illegal because contrary to posit-ive law, or against public policy, ,an action can not be maintained either to enforce it directly, or to recover the value of services rendered under it, or money paid on it. 47 Ark. 378; 91 Ark. 205; 81 Ark: 48; 112 V,a. 780; 21 Am. & Eng. Ann. Cas. 1088; 4 Id. 712, 714, 716; 9 Cyc. 546; 63 Ark. 318, 322. 2.…

1Opinion of the CourtSmith, J.

This cause was tried in the court below upon an agreed ¡statement of facts from which it appears that on and prior to April 7,. 1913, the ¡appellees, who were the plaintiffs below,, were the school directors for the Special School District of Rogers, Benton County, and in order to provide means for the payment of bonds in the sum of $35,000.00, issued by said district, they took out eighteen policies of life insurance upon the lives of young men residing in that district for the aggregate sum of $35,000. The amount of the first year’s premium on all of said policies was $1,674.20, and it was…

2Cases cited6 opinions

  1. Burks v. HarrisSupreme Court of Arkansas · 1909
  2. Roller v. MurraySupreme Court of Virginia · 1911
  3. Martin v. HodgeSupreme Court of Arkansas · 1886
  4. Edwards v. RandleSupreme Court of Arkansas · 1896
  5. Little v. Arkansas National BankSupreme Court of Arkansas · 1914

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3Cited by6 opinions

  1. Reaves Lumber Co. v. Cain-Hurley Lumber Co.Tennessee Supreme Court · 1925
  2. Cotton v. Mutual Aid UnionSupreme Court of Arkansas · 1918
  3. Schneider v. O'NealDistrict Court, E.D. Arkansas · 1956
  4. TTSI Irrevocable Trust v. Reliastar Life Insurance Co.District Court of Appeal of Florida · 2011
  5. Tate v. GouldSupreme Court of Arkansas · 1927

1 more not listed; retrieve them via the Exa API.

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