[DOWNLOAD] "Kasishkes Estate v. Oklahoma Tax Commission" by Supreme Court of the State of Oklahoma # Book PDF Kindle ePub Free

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eBook details

• Title: Kasishkes Estate v. Oklahoma Tax Commission
• Author : Supreme Court of the State of Oklahoma
• Release Date : January 08, 1955
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 70 KB

Description

1 On November 29, 1935, following written application on the part of Albert H. Kasishke, deceased, hereafter referred to as "Insured", the Equitable Life Assurance Society of the United States, hereafter referred to as "Insurer", in consideration of a single premium of $50,000 paid by insured, issued an insurance policy to insured. Under the terms and provisions of the policy and a typed agreement attached thereto as "Special Provision A" the insurer agreed to pay the insured in accordance with one of the methods provided in the policy, upon its maturity as an endowment November 15, 1945, the sum of $61,345.93. It was provided in a typed agreement attached to the policy as "Special Provision B" that in the event of the death of insured prior to the maturity of the policy as an endowment, the sum of $61,345.93 would be paid to certain named beneficiaries as therein provided, which provision is not material to a decision of this case for the reason that the policy matured as an endowment prior to insureds death. The insured in the original contract reserved the right to change the beneficiaries, take the cash surrender value provided for in the policy and to hypothecate same.

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