People v. Globe Mutual Life Insurance
New York Court of Appeals
Appeal from an order of the general term of the supreme court, which reversed an order of the special term confirming the report of a referee.
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Appeal from an order of the general term of the supreme court, which reversed an order of the special term confirming the report of a referee. In an action brought by the People to wind up the Globe Mutual Life Insurance Company as an insolvent corporation, William McDermott was appointed referee to try the validity of any claim against the company, and to take proof generally of all its claims and obligations, and was directed to report his proceedings to the court with the testimony taken by him and his opinion thereon. The referee reported in favor of the claim of Mary M. Brown upon a…
1Opinion of the Court
By the Referee.
Daniel W. Brown, on January 23, 1865, procured from the Globe Mutual Life Insurance Company a ten years policy on his life for $10,000, loss payable to his wife, Mary M. Brown.
On March 11, 1868, he delivered said policy to the company, and procured a paid-up policy for $3,500 on his life, loss payable to his wife.
On May 4, 1868, he delivered to the company the last named policy and obtained from it a certificate for $1,021.88, which he subsequently assigned to one Samuel Bervoise, to whom the company, on October 19, 1868, paid the amount thereof.
The policies were taken out, the…
Also in this document: Per curiam.
2Cases cited12 opinions
- Bennett v. . JudsonNew York Court of Appeals · 1860
- Eadie v. . SlimmonNew York Court of Appeals · 1862
- Baker v. . the Union Mutual Life Ins. Co.New York Court of Appeals · 1871
- Elwell v. . ChamberlinNew York Court of Appeals · 1864
- Stilwell v. . Mutual Life Insurance Co.New York Court of Appeals · 1878
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3Cited by3 opinions
- Dannhauser v. . WallensteinNew York Court of Appeals · 1901
- Farmer v. Prudential Ins. Co. of America.Louisiana Court of Appeal · 1936
- Caplin v. Penn Mutual Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1918