New York Court of Appeals March 3, 1936 (Prudential Insurance Co. of America v. Stone)

Finch, J.

This is an action to rescind a contract of life insurance on the ground of misrepresentation by the insured in the application for the policy.

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On May 25,1930, William Stone applied to the plaintiff for a policy of life insurance, naming his wife, Dorothy Stone, as beneficiary. The application was accepted and on June 13, 1930, a policy was issued.