Bissell v. Mutual Reserve Fund Ass'n

Under the allegations of the complaint, plaintiff’s claim is based upon two certain policies of insurance upon the life of one Charles E. Bissell, issued in 1881 and 1884, respectively, whereby defendant agreed, upon the death of the assured, to pay absolutely to the plaintiff as beneficiary the sum of $5,000 under each policy.

The complaint further alleges that the plaintiff accepted the sums of $2,254.80 and $2,717.48, respectively, in full satisfaction of her claims under said policies, and released the defendant from any further claims thereunder, being induced to accept said reduced sums…