From Casetext: Smarter Legal Research

Standard Discount Co. v. Metropolitan Life Ins

Appellate Court of Illinois, First District
Jan 8, 1945
324 Ill. App. 586 (Ill. App. Ct. 1945)

Opinion

Gen. No. 43,053. (Abstract of Decision.)

Opinion filed January 8, 1945 Released for publication January 29, 1945

INSURANCE, § 188assignability of proceeds of life policy. Where life insurance policy provided that it might be assigned to any national bank, state bank or trust company, but an assignment to one other than the foregoing was void, provision was invalid, where, three days after death of insured, beneficiary assigned all of his interest in proceeds of policy to plaintiff, which was corporation engaged in making loans to undertakers for funerals conducted by them, and defendant insurance company was liable to plaintiff for proceeds of policy.

See Callaghan's Illinois Digest, same topic and section number.

Appeal from the Municipal Court of Chicago; the Hon. J.M. BRAUDE, Judge, presiding. Affirmed.

Heard in the first division, first district, this court at the April term, 1944.

Hoyne, O'Connor Rubinkam, for appellant;

Nathaniel Rubinkam and Melvin L. Gibbard, of counsel.

Victor H. Bloom, for appellee.


Not to be published in full. Opinion filed January 8, 1945; released for publication January 29, 1945.


Summaries of

Standard Discount Co. v. Metropolitan Life Ins

Appellate Court of Illinois, First District
Jan 8, 1945
324 Ill. App. 586 (Ill. App. Ct. 1945)
Case details for

Standard Discount Co. v. Metropolitan Life Ins

Case Details

Full title:Standard Discount Company, Inc., Appellee, v. Metropolitan Life Insurance…

Court:Appellate Court of Illinois, First District

Date published: Jan 8, 1945

Citations

324 Ill. App. 586 (Ill. App. Ct. 1945)
59 N.E.2d 744

Citing Cases

Standard Discount Co. v. Metropolitan Life Ins

Lain v. Metropolitan Life Ins. Co., Docket No. 28415. We have today filed an opinion in No. 43053, Standard…