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RANEY v. PIEDMONT SOUTHERN LIFE INSURANCE COMPANY

No. 18752.

387 F.2d 75 (1967)

Alton B. RANEY and D. P. Raney, Administrators of the Estate of Thomas Jefferson Raney, Jr., Deceased, Appellants, v. PIEDMONT SOUTHERN LIFE INSURANCE COMPANY, Appellees.

United States Court of Appeals Eighth Circuit.

December 19, 1967.

Attorney(s) appearing for the Case

E. L. McHaney, of Owens, McHaney & McHaney, Little Rock, Ark., for appellant; James M. McHaney, Little Rock, Ark., of the same firm was with him on the brief.

A. F. House, Little Rock, Ark., for appellee; Robert S. Wiggins, Atlanta, Ga., was with him on the brief.

Before VOGEL, Chief Judge and MATTHES and BLACKMUN, Circuit Judges.

MATTHES, Circuit Judge.

On August 12, 1965 Dr. Thomas J. Raney died as the result of an automobile accident. Subsequently, his administrators, hereinafter plaintiffs, filed suit to recover double indemnity under a policy of life insurance issued by defendant, Piedmont Southern Life Insurance Company, hereinafter Company, on the life of Dr. Raney in the amount of $40,000.00. The Company resisted payment on the ground that the policy had lapsed for nonpayment of premiums...

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