Morticians' Acceptance Co. v. Metropolitan Life Insurance

Plaintiff company, buying accounts due undertakers, brought suit in equity against the defendant company to recover for amounts claimed to be due on a number of assignments of benefits payable on industrial policies, and obtained a decree for $4,479.99 and costs. Defendant appeals, contending that the assignments were void because prohibited by the terms of the policies ; that they purported to assign only a part of the benefits; and the assignors lacked an assignable interest in the benefits.

The terms and provisions of the policies aré substantially the same, as are the facts relating to the…