Loyd v. Planters' Mutual Insurance
Supreme Court of Arkansas
Appeal from Little River Circuit Court; James S. Steel, Judge; 1. Appellant having become as surety for his wife on the bond for purchase money under the sale had on December 22, 1896, this constituted an insurable interest in favor of appellant. 1 Wash. 409; 95 U. S. 549'; 13 B. Mon. (Ky.), 311; 86 Pa.
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Appeal from Little River Circuit Court; James S. Steel, Judge; 1. Appellant having become as surety for his wife on the bond for purchase money under the sale had on December 22, 1896, this constituted an insurable interest in favor of appellant. 1 Wash. 409; 95 U. S. 549'; 13 B. Mon. (Ky.), 311; 86 Pa. St. 493; 15 Fed. 707; 1 Biddle on Ins. § 179; May on Ins. § 82. 2. Appellant and his wife having had born unto them a living child, which afterwards died, this gave appellant title to the wife’s lands by the curtesy initiate. 15 Ark. 465; '47 Ark. 175; 60 Ark. 70. Title by curtesy is good…
1Opinion of the CourtHill, C. J.
This is the third appearance of this case here. See Planters’ Mutual Ins. Co. v. Loyd, 67 Ark. 584, and Planters’ Mutual Ins. Co. v. Loyd, 71 Ark. 292. On the third trial the court directed a verdict for the insurance' company, and Loyd appealed.
It is contended that facts were brought out on the last trial not heretofore in the record which entitled appellant to go to the jury on the new issues. The matters relied upon are these: (1) That Loyd had an insurable interest in the property by virtue of being surety on a bond for the purchase price of the property; and (2) that he had an insurable…
2Cases cited4 opinions
- Planters' Mutual Insurance v. LoydSupreme Court of Arkansas · 1900
- Neelly v. LancasterSupreme Court of Arkansas · 1886
- Hampton v. CookSupreme Court of Arkansas · 1897
- Planters' Mutual Insurance v. LoydSupreme Court of Arkansas · 1903
3Cited by2 opinions
- Incorporated Town of Mountain View v. LackeySupreme Court of Arkansas · 1955
- Sadler v. CampbellSupreme Court of Arkansas · 1921