Deal v. Deal
Supreme Court of South Carolina
Before Klugh, J., Richland, May, 1909. Action by Mary L. Deal against Margaret E. Deal and A. M. Deal. Erom judgment for plaintiff, defendants appeal. cites: A beneficiary of an insurance policy takes a vested interest therein which can only be divested by a change of beneñciaries in the mode provided in the policy: 77 S. 'C. 300; 128 U. $. 195; 54 S. E. 786; 29 S. E. 118; 63 N. J. Eq. 692; 50 N. Y. Sup. 470; 90 N. Y. Sup. 471; 218 111. 202; 70 S'. C. 522; 73 S. C. 155; 7…
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Before Klugh, J., Richland, May, 1909. Action by Mary L. Deal against Margaret E. Deal and A. M. Deal. Erom judgment for plaintiff, defendants appeal. cites: A beneficiary of an insurance policy takes a vested interest therein which can only be divested by a change of beneñciaries in the mode provided in the policy: 77 S. 'C. 300; 128 U. $. 195; 54 S. E. 786; 29 S. E. 118; 63 N. J. Eq. 692; 50 N. Y. Sup. 470; 90 N. Y. Sup. 471; 218 111. 202; 70 S'. C. 522; 73 S. C. 155; 7 Ency. 106, 109; 1 Rich. 298; 3 Strob. 196. Assignment by insured alone carries no interest to assignee: McCauley v. Bank,…
1Opinion of the Court
The opinion of the Court was delivered by
Mr. Justice; Gary.
The record contains the following statement of facts:
“The appeal herein, is from a judgment on a verdict, rendered in favor of the plaintiff-respondent, at the spring term of the Court of Common Pleas for Richland county, 1909.
“The plaintiff alleges that Dr. Samuel M. Deal, took out an insurance policy, wherein he named his mother, Margaret E. Deal, as beneficiary, and agreed with the insurance company, that in the event of his surviving the endowment period of twenty years, then the amount of the insurance policy, should be payable…
2Cases cited1 opinion
- Holder v. Prudential InsuranceSupreme Court of South Carolina · 1907
3Cited by17 opinions
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- Underwood v. Jefferson Standard Life InsuranceSupreme Court of North Carolina · 1919
- Bankers Reserve Life Co. v. RiceSupreme Court of Oklahoma · 1924
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