Legal Opinion
Clayton v. Southwestern Life Ins. Co.
Court of Appeals of Texas
Decided January 9, 1942No. 13152PublishedCited by 3 opinions
1Opinion of the Court
LOONEY, Justice.
This suit arose over a controversy in regard to a proper distribution of the proceeds of two life policies, aggregating $25,-000, issued by the Southwestern Life Insurance Company on the life of Martin McBride, in which W. M. McBride, Inc., was named beneficiary. The material facts are undisputed and are, as follows: W. M. McBride, Inc., was chartered under the laws of the State of Texas in December, 1926, for the purpose of conducting a general retail mercantile business at Green-ville, Hunt County, Texas, and at other places. Its stock was owned as follows: Martin McBride,…
2Cases cited4 opinions
- Waggoner v. EdwardsCourt of Appeals of Texas · 1933
- Henry Mercantile Co. v. Georgetown & W. R. Co.Supreme Court of South Carolina · 1916
- Brammer v. WilderTexas Supreme Court · 1933
- First Nat. Bank v. United StatesDistrict Court, D. Colorado · 1934
3Cited by3 opinions
- Wier Long Leaf Lumber Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1949
- McBride v. ClaytonTexas Commission of Appeals · 1942
- Wier Long Leaf Lumber Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1949