Supreme Court of North Carolina February 18, 1931 (Batchelor v. American National Insurance)

Stacy, O. J.,

after stating the case: Plaintiffs are entitled to recover the difference, if any, between the cash surrender value of the policy and the outstanding policy loan on the date the defendant received notice of intention to surrender, but no more. It was error, therefore, to direct a verdict for a larger sum.

New trial.