Mutual Life Insurance Co. v. Reynolds
Decision Date | 03 December 1906 |
Citation | 98 S.W. 963,81 Ark. 202 |
Parties | MUTUAL LIFE INSURANCE COMPANY v. REYNOLDS |
Court | Arkansas Supreme Court |
Appeal from Marion Circuit Court; Elbridge G. Mitchell, Judge reversed.
Reynolds sued the Mutual Life Insurance Company and E. V. M. Powell alleging that he had paid $ 329.90 as the first premium on a Policy of $ 5,000 which the insurance company declined to issue, and he sought to recover the premium.
The insurance company denied that it received the sum of money set out, or that any one authorized to do so received any money on account of the proposed insurance.
Plaintiff's testimony was to the effect that he paid the first premium as alleged to Powell, who executed a binding receipt therefor countersigned by Powell as collecting agent. The application contained no receipt for the premium.
R. M Carter testified:
H. L. Remmel testified:
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