Major Oil Corporation, a Utah Corporation v. The Equitable Life Assurance Society of the United States, a Corporation

McWILLIAMS, Circuit Judge.

On October 30, 1969, the Major Oil Corporation, a Utah corporation with its principal place of business in Salt Lake City, bought a $250,000 policy of insurance from the Equitable Life Assurance Society of the United States on one of its officers, Ray S. Brimhall, designating itself as the beneficiary. On November 23, 1969, Brimhall died in the Shadel Hospital in Seattle, Washington, the cause of death being “fat embolism secondary to fatty liver.”

When Major made demand on Equitable for payment under the terms of the policy, Equitable refused payment on the ground…