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INOLA MACH. & FABRICATING CO. v. FARMERS NEW WORLD LIFE INS.

No. 78-1498.

631 F.2d 712 (1980)

INOLA MACHINE & FABRICATING COMPANY, Plaintiff-Appellant, v. FARMERS NEW WORLD LIFE INSURANCE COMPANY, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

Decided October 14, 1980.

Attorney(s) appearing for the Case

Joseph A. Sharp, Tulsa, Okl. (Joseph M. Best also of Best, Sharp, Thomas & Glass, Tulsa, Okl.), for plaintiff-appellant.

Richard D. Wagner, Tulsa, Okl., for defendant-appellee.

Before SETH, Chief Judge, and LOGAN and SEYMOUR, Circuit Judges.

LOGAN, Circuit Judge.

Inola Machine & Fabricating Company (Inola), named beneficiary in an application for life insurance on one of its officers, appeals from a decision of the district court ruling that no contract of insurance was in effect at the time of the officer's death and no liability was created against Farmers New World Life Insurance Company on the basis of waiver or estoppel. Federal court jurisdiction is based upon diversity of citizenship.

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