STERNBERG v. WEST COAST LIFE INS. CO.

Docket No. 19489.

196 Cal.App.2d 519 (1961)

16 Cal. Rptr. 546

MANUEL STERNBERG, Appellant, v. WEST COAST LIFE INSURANCE COMPANY (a Corporation), Respondent.

Court of Appeals of California, First District, Division One.

October 26, 1961.


Attorney(s) appearing for the Case

George Olshausen and Renzo Turco for Appellant.

Allan, Miller, Groezinger, Keesling & Martin and Robert Metcalf Jones for Respondent.


TOBRINER, J.

Challenging the trial court's conclusions that two life insurance policies had become valueless due to the depreciation of Chinese currency and that an estoppel barred appellant from claiming payment in Shanghai Taels Sycee, appellant appeals from a judgment for respondent in his action for declaratory relief. We set forth our reasons infra for holding that the trial court properly determined that the devaluation of Chinese currency had rendered...

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