CHALMETTE FINANCE CORPORATION v. ALL AMERICAN ASSURANCE COMPANY OF LOUISIANA

No. 1151.

158 So.2d 844 (1963)

CHALMETTE FINANCE CORPORATION v. ALL AMERICAN ASSURANCE COMPANY OF LOUISIANA.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied January 6, 1964.


Attorney(s) appearing for the Case

Irving Novick, New Orleans, for plaintiff-appellee.

Voorhies, Labbe, Voorhies, Fontenot & Leonard, Allen R. Bares, Lafayette, Goldman & Levin, New Orleans, for defendant-appellant.

Before YARRUT, SAMUEL and HALL, JJ.


SAMUEL, Judge.

Defendant issued to plaintiff what is referred to as a credit life insurance policy insuring the lives of persons borrowing money from plaintiff for the amount of the unpaid balance due at death, subject to certain policy limitations. While the insurance was in force the defendant made loans to one Marion Majore on the dates, for the amounts and with balances unpaid at his death, as follows:

                       Balance unpaid
"Date of...

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