North-western Mut. Life Ins. v. Fort's Adm'r
Court of Appeals of Kentucky
Case 45 — INSURANCE APPEAL FROM LOUISVILLE CHANCERY COURT. No brief. The appellant undertook to insure the life of Sugg Port in the sum of ten thousand dollars ($10,000) in consideration of an annual premium note of one hundred and ninety-four dollars (the interest upon which must be paid annually in cash at the date of the annual premium), and of quarterly cash premiums of seventy-two dollars and ten cents ($72.10). The annual premiums on the policy were to be paid for ten…
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Case 45 — INSURANCE APPEAL FROM LOUISVILLE CHANCERY COURT. No brief. The appellant undertook to insure the life of Sugg Port in the sum of ten thousand dollars ($10,000) in consideration of an annual premium note of one hundred and ninety-four dollars (the interest upon which must be paid annually in cash at the date of the annual premium), and of quarterly cash premiums of seventy-two dollars and ten cents ($72.10). The annual premiums on the policy were to be paid for ten years, arid the policy contains this proviso: “And the said company further promises and agrees that if default shall be…
1Opinion of the Court
JUDGE LEWIS
DELIVERED THE OPINION OF THE COURT.
On the seventeenth of January, 1868, in consideration of the annual premium in advance, consisting of an annual premium note of $194, the interest on which was to be paid annually in cash at the date of the maturity of the annual premium, and of the quarterly cash premium of $72.10 to be paid at or before the seventeenth of January, April, July and October in every year, during the first ten years of the continuance of the policy then issued, the North-western Mutual Life Insurance Company insured the life of Sugg Port, for the use and benefit of…
2Cases cited1 opinion
- St. Louis Mutual Life Insurance v. GrigsbyCourt of Appeals of Kentucky · 1874
3Cited by17 opinions
- New York Life Insurance v. N. L. Curry & Bro.Court of Appeals of Kentucky · 1903
- Union Central Life Insurance v. CaldwellSupreme Court of Arkansas · 1900
- McNaughton v. Des Moines Life InsuranceWisconsin Supreme Court · 1909
- Mutual Life Ins. v. TwymanCourt of Appeals of Kentucky · 1906
- Shawnee Mut. Fire Ins. Co. v. CannedySupreme Court of Oklahoma · 1912
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