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Rabu, 07 Februari 2018

History of insurance - Wikipedia
src: upload.wikimedia.org

New England Mutual Life Insurance Co. v. Woodworth, 111 U.S. 138 (1884), was a U.S. Supreme Court case.


Video New England Mutual Life Insurance Co. v. Woodworth



The case

On September 21, 1869, Ann E. Woodworth took out a life insurance policy on herself with the New England Mutual Life Insurance Company in Michigan. Her husband Stephen E. Woodworth was the beneficiary. She then died in New York, and her husband moved to Illinois. The company did not pay the policy, and he sued in Illinois. The Illinois court passed judgment against the insurance company. The insurance company appealed saying that the suit should not have been filed in Illinois.

The Supreme Court reaffirmed the general rule that simple contract debts, such as a policy of insurance not under seal, are, for the purpose of founding administration, assets where the debtor resides, without regard to the place where the policy is found.


Maps New England Mutual Life Insurance Co. v. Woodworth



Side effect of the case

The plaintiff, Stephen E. Woodworth, was both the Step-Father and Uncle of noted entomologist Charles W. Woodworth. C.W. Woodworth's mother became a widow and married her late husband's brother who was a widower. The judgment arrived when C.W. Woodworth was 19 and likely helped pay for his education at the University of Illinois.


Randon James Morris | Avoid Six Common Life Insurance Mistakes
src: www.allperfectstories.com


See also

  • Metropolitan Life Insurance Company - acquired New England Mutual in 1996
  • List of United States Supreme Court cases, volume 111

United States corporate law - Wikipedia
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External links

  • Works related to New England Mutual Life Insurance Co. v. Woodworth at Wikisource
  • Text of New England Mutual Life Insurance Co. v. Woodworth, 111 U.S. 138 (1884) is available from:  Justia  OpenJurist 
  • Used as precedent in CONNECTICUT MUT. LIFE INS. CO. V. MOORE, 333 U.S. 541 (1948)

Source of the article : Wikipedia

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