The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1914-11-20
SUIT TO RECOVER ON LIFE
INSURANCE PREMIUMS

Attorney oscar L. 6lnLon, represent
ing Mr. w. o. Hinton. assignee of the
assigned estate of Geo. Alexander, has
filed an amended petition in the 20 lr-
bon Circuit Court seeking to recov er
the cash surrender value on 10000
life insurance on the life of Mr.. Alex
ander, and to recover the premiums
paid on $40, 900 of life insurance carried
by Mr.. Alexander.
The petition of Assignee Hinton
makes Mr.. and Mrs. Alexander, their
four daughters, the Citizens Life In
surance Company, the Northwestern
Mutual Life Insurance Company and
the Equitable Life Insurance Company
parties to the suit.
The amended petition states that
Mr.. George Alexander carried insur-
ance on his life to the extent of $50, 900,
and that at the time that policies
amounting to $4,000 were transferred
by said Alexander from his estate and
made payable to different members of
said AleXander's family, that Alex
ander was insolvent. On the remain
ing insurance policies of $40, 900, which
were originally made payable to men,
bers of Mr.. Alexander's family, the
petition prays for return of the prem
ums so paid on said policies, alleging
that Mr.. Alexander was insOlvent
when payment of the said premiums
was made.
The policies referred to on which the
assignee is seeking to recover the cash
surrender value are as follows:
Policy with Citizens Life Insurance
Co.. amounting to $40, coo; taken out
April 20, 1905, and made payable to
executors, administrator and assigns;
transferred on August 8. 1910, as fol-
lows: Five thousand dollars to Miss
Kate Alexander, g. 500 to Miss Marion
Alexander, 81. 500 to Miss Elizabeth
Clay Alexander. Annual premium
S4S4. 50.
- Policy with Equitable Life Insurance
Co.. for S.. 600; taken out February II,
1908; payable to his executors, assigns.
ETC.; transferred on July q, 1909, to
Miss Marion Alexander Annual prem
ium S231.0S.
Policy with Equitable Life Insurance
Co., amounting to S., 600; taken out
February II, 1903; payable to eXecu-
tors, ETC.; transferred to Miss Eliz-
abeth Clay Alexander on July %, 1909
Annual premium 1921. 05.
Policy with Equitable Life Insurance
Co., for 200; taken ont December
80. 1902; payable to executors, etc.
transferred to Miss Kate Alexander on
July %, 1909. Annual premium 1921. o.
Policy with Equitable Life Insurance
Co., for $1,000; taken out on Deem
Der 80, 1902, and made payable to eX-
Mrs. Mary B. Alexander on July %,
1000 ,,ror,,t,,,, c0ol 0S
Policy with Equitable Life Insurance
80, 1902, and made payable to execu-
tors, assigns, etc; transferred on July
%, 1909, to Mrs. Edith Alexander
Bronston. Annual premium $231.O5.
Policy with Equitable Life Insurance
Co., for 5000; taken out December 80,
1902, and payable to executors, assigns,
etc; transferred on July %, 1909, to
Mrs. Mary B. Alexander. Annual
premium S231 %.
The life insurance, amounting to
$40, 600, on which Mr.. Hicton is asking
for return of the premiums paid, are
as follows:
Policy in Northwestern Mutual Life
Insurance Co., for So, 500, and made
payable to Mrs. Edith Alexander Brons-
ton; taken out January "a, 1901. An
nual premium Sl41.l0.
Policy in same company for $40, 600,
taken out on January "a, 1901, and pay
able to Mrs. Mary b. Alexander. An
nual premium 1864. 40.
Policy in same company for So, 500,
payable to Miss Kate Alexander;
taken out on January "a, 1901. Annual
premium S141.10.
Policy in same company for 81, 500;
taken out January "a, 1901. payable to
Miss Marion Alexander. Annual prem
ium S14110
Policy in same company for 81, 500;
taken out January "a, 1901, payable to
Miss Elizabeth Clay Alexander. An
nual premium $14l. TO-
Assignee w. o. Hinton filed his re-
port of the sale of real estate and per-
sonal property belonging to the as
signed estate of Mr.. Alexander. The
report shows that Assignee Hinton has
disposed of real estate to the extent of
Sl5, S65, and personal property to the
amount of $10,7 The assignee re-
ports that he has yet on hand number
of stocks in divers corporations, be-
sizes one-third interest in the Power
Grocery Company in Paris, and one
third interest in the large tobacco
warehouse on the Clintonville pike,
near Paris, which are yet to be dis
posed Of.
If Assignee Hinton il successful in
his suit for the recovery of the cash
surrender value of the SAC, 900 in in
surance policies and RECEIVERS the prem
iums on the $4,000 in insurance poll
cies paid by Mr.. Alexander, the estate
will be benefited to the extent Of some
$50, 900 to S25, 1000.