WALKER BANK & TRUST CO. v. FIRST SECURITY CORP.

No. 8890.

9 Utah 2d 215 (1959)

341 P.2d 944

WALKER BANK & TRUST COMPANY, AS GUARDIAN OF THE ESTATES OF AURORA MARGARITA GALLAGHER AND KELLY MILLICENT GALLAGHER, MINORS, PLAINTIFF AND RESPONDENT, v. FIRST SECURITY CORPORATION, A CORPORATION, DEFENDANT AND APPELLANT.

Supreme Court of Utah.

August 3, 1959.


Attorney(s) appearing for the Case

Ray, Quinney & Nebeker, A.U. Miner, Salt Lake City, for appellant.

Gustin, Richards & Mattsson, Salt Lake City, for respondent.


CROCKETT, Chief Justice.

The Commercial Bank of Utah failed to pay premiums on an insurance policy upon the life of Nancy Gallagher in accordance with an authorization furnished it by her. The policy lapsed and after her death Walker Bank & Trust Company as guardian of her children, the beneficiaries, sued and recovered judgment for the amount of the policy. First Security Corporation, successor to Commercial Bank, appeals.

Nancy Gallagher, the insured...

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