A LIFE INSURANCE CASE.

Otago Witness, Issue 2104, 21 June 1894, Page 13

A LIFE INSURANCE CASE.

AN INTERESTING POINT. Wellington, June 19.

In the Supreme Court to-day an action was brought by Mr Skey, Government analyst, as. executor in the estate of his son Ernest, to recover from the Mutual Life Association of Australasia the sum of £1500, being the amount of a policy on his 3on's life. The quarterly payment of the renewal policy fell due od October 1, but young Skey took advantage of the 30 daya' grace, and on November 1, when asked for payment, he gave a cheque for the amount, and requested that the cheque should be held until the 10th of November, when it was presented and dishonoured. He asked for an extension of time until 15th November, which was granted, but the company's agent alleges that he told young Skey that his life would not be covered on tbe 15th November. Skey wag killed by a traction engine in the Feathereton district, and on the following morning the renewal premium was paid into a country bank to the company's credit, bnfc declined by the latter. Tho question is whether payment by tbe cheque, which was dishonoured, waa a legal payment. None of the facts were disputed, and the case was withdrawn from the jury, it being lefb to his Honor to settle. Argument will be taken on Friday. In the opening address counsel for the company said this was the first caso defended by the company since its existence, 25 years ago, and an important principle was involved.