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SOUTHERN STATES LIFE INSURANCE CO. v. McCAULEY

No. 8817.

464 P.2d 404 (1970)

81 N.M. 114

SOUTHERN STATES LIFE INSURANCE COMPANY, a Corporation, and Charles A. Keeling Sr., Plaintiffs-Appellees, v. Fred L. McCAULEY, Defendant-Appellant.

Supreme Court of New Mexico.

January 26, 1970.

Attorney(s) appearing for the Case

Robertson & Reynolds, Silver City, for defendant-appellant.

Charles A. Keeling, Jr., Albuquerque, for plaintiffs-appellees.

OPINION

MOISE, Chief Justice.

This is a suit on a promissory note executed by defendant-appellant to appellee Keeling, representing part of the premiums for two life insurance policies issued by Southern States Life Insurance Company on the life of appellant's parents, Thomas Crawford McCauley and Marie Opal McCauley. Appellee Keeling endorsed the note to Southern States Life Insurance Company, but subsequently paid the note and it was assigned back to him...

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