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HOLLAND v. PYRAMID LIFE INS. CO. OF LITTLE ROCK

No. 14096.

199 F.2d 926 (1952)

HOLLAND et al. v. PYRAMID LIFE INS. CO. OF LITTLE ROCK.

United States Court of Appeals Fifth Circuit.

November 25, 1952.

Attorney(s) appearing for the Case

T. B. Coffield, Bowie, Tex., for appellants.

Hardy Moore, Paris, Tex., James I. Teague, Little Rock, Ark., for appellee.

Before HUTCHESON, Chief Judge, and BORAH and RIVES, Circuit Judges.

HUTCHESON, Chief Judge.

Brought against the defendant, upon its assumption1 of a term policy, No. 3950, which Planet Insurance Company had issued upon the life of one Tom Holland, naming the plaintiffs as beneficiaries, the suit was for the rescission of the contract and recovery of all the premiums plaintiffs had paid on it.

Their claim in substance was: that an agent of Planet Insurance...

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