Lord v. Bankers' Life Insurance

Bradley, J.: Action on a policy of insurance issued by the defendant upon the life of Joseph B. Lord, for $3,000, payable to the plaintiff, his wife, within a specified time after -his death. The .policy was dated J une 19, 1894. The death of the insured occurred on the 22d day of July, 1894. The only question arising upon the issues was whether or not the first quarterly premium of $17.10 was paid. The plaintiff produced and put in evidence a receipt, without date, stating that such quarterly premium was received. To the receipt was subscribed the name “ F. C. Elder, Secretary. Per W. H. JVI.” The making of the receipt was not questioned, and it was conceded that W. H. Macomber, whose initials are subscribed to the receipt, was authorized to receive premiums for the company". And it appears by the evidence of the plaintiff that the policy and the receipt were handed to her by her husband. The facts thus far are not questioned. [248] But Mr. Townsley testified that he -was general manager of the defendant; that the policy having been issued upon the application of the insured was sent to him by mail with a letter of which the ■ following is a copy: “ J. B. Lord, “ June 20th, 1894. “Worth St., N. Y.: “ Dear Sir.— Herewith find policy No. 390, $3,000 on your life, quarterly premium $17.10. The receipt for quarterly premium is enclosed. You can send check at your convenience. Of course the policy is not in force until premium be paid. “Yours truly,. ■ “H. B. TOWNSLEY, “ General Manager.” ' That the premium was not paid to his knowledge; that he received some of the premiums in the office at that time, and that Mr. Macomber, whose initials appear on the receipt, also received premiums at the office, at which there was always some one to receive premiums, and that he thought that the books were then kept by Mr. Macomber. This constitutes the. evidence given upon the trial. As the appeal is from the judgment only, no question of fact is reviewable here. And the only question of law for consideration arises upon exception to the refusal of the court to direct a verdict for the defendant. The witness did not testify that the receipt in evidence or any receipt was inclosed in the letter which he says was sent with the policy to the insured,, yet if the letter was sent to him the inference was warranted -that the receipt mentioned in the letter went with it to him, and that it was the receipt produced by the plaintiff at the trial. But the relation of the witness Townsley to the defendant was such as to present the question of. his credibility for consideration by the jury. (Dean v. Van Nostrand, 23 Wkly. Dig. 97.) Then some significance may have been given to the failure of the defendant to call as a witness Mr. Macomber, whose initials to. the receipt indicated, its execution by him in the name or for the secretary of the company, and who was authorized to receive premiums paid for insurance. (Milliman v. Rochester R. Co., 3 App. Div. 109.) The receipt put in evidence by the plaintiff was prima facie evi [249] deuce of payment of the premium. This is consistent with the views of the court in Neuendorff v. World Mutual Life Ins. Co. (69 N. Y. 389). There, the person on whose life the policy was issued bore the relation of clerk to the general agent of the company, The evidence of payment relied upbn was a receipt in the usual form,- signed by the secretary and countersigned by the deceased in behalf of the general agent. Such receipt, with others, was delivered to the agent to receive the premiums, and, upon receipt of payment, to countersign and deliver them to the person entitled to them. It was there held that, in view of the general rule that an agent cannot in the same transaction act for himself and his principal, his mere possession of the receipt was no evidence that he had paid the money to the company, and that the receipt in that case was his mere acknowledgment that he had received the money from - himself. In the opinion there delivered the remark was made that a receipt in favor of a third person might have been prima faeie evidence of payment. In the present case there was evidence in support of payment of the premium, and the question in that respect was one of fact which was properly submitted to the jury. . The, defendant’s exception, therefore, was not well taken. The judgment should be affirmed. All concurred. Judgment affirmed, with costs.