109 N.Y.S. 187 | N.Y. App. Div. | 1908
Lead Opinion
The plaintiff appeals from an order sequestering the personal property and the rents and profits of the real property of the defendant and appointing a receiver thereof for her benefit, but fails to point out how she has been injured thereby. If the receiver gets possession of any property of the defendant, the plaintiff will be benefited; if he does not, she will not be harmed. Much has been said about certain insurance policies, but the order does not deter
The order should be affirmed.
Woodward, Jenks and G-atnor, JJ., concurred; Rich, J., read for reversal.
Dissenting Opinion
I dissent. This is the third time defendant has been in this court in proceedings to enforce the payment of alimony to his wife. Upon the theory that he has an interest in four policies of insurance upon his life the learned court at Special Term has made an order sequestering his property and appointing a receiver.
Defendant owns eight lots of unimproved land at Congers, N. Y., of uncertain value, but of no rental value, from which nothing would be available as rents and profits. The only pretended available assets are three policies: We are not called upon to pass upon the question as to who is the legal owner in this proceeding. In the event of defendant’s prior death policy No. 632,296 is payable to plaintiff. Default was made in the payment of premiums in 1901, and this policy is indorsed for reduced amount of paid-up insurance of $1,750 and has a present loan value of $660. Default has also been made in the payment of the premiums on each of the other three policies, and in 1902 they were reduced in paid-up insurance of $359 each. Plaintiff is named as beneficiary in each of these policies and each has a loan value of $230. They provide, however, that the beneficiary may be changed by written notice to the company at its home office “ accompanied by this Policy,” and defendant has attempted to change the beneficiary, but the policies have not been submitted to the company, possession thereof being in plaintiff.
The policies are in possession of plaintiff and are fully paid up, and I cannot see my way clear to assent to their being surrendered
Order affirmed, with ten dollars costs and disbursements.