Moulton v. Finney
Moulton v. Finney
Opinion of the Court
This court is of the opinion that there is error in the judgment of the circuit court in this, to-wit: in the eleventh and twelfth findings of fact and in the judgment dismissing the petition of plaintiffs at their costs.
The court is of further opinion that from the undisputed evidence it does appear that neither the said John K. Duke nor Lola C. Duke was, at the time of said transaction, capable of entering into said agreement for the transfer of said life insurance, policies, but that said contract was in legal effect procured by duress, was speculative in its nature, and, whatever may have been the motive prompting the making of it by defendants, was not a bona ñde sale and'transfer in the legal sense, but resulted in the taking of an inequitable advantage of the circumstances and condition of
It is therefore considered by this court that the plaintiffs do recover from defendants, Frank B. Finney and J. Leigh Watkins, the said sum of $7,609.15, herein found due, the same to bear interest at four per cent, from and after June 11, 1907.
This court does not pass upon the legal question argued, whether or not such assignment ■ of
Case-law data current through December 31, 2025. Source: CourtListener bulk data.