O'Reily v. Mutual Life Insurance

2 Abb. Pr. 167
CourtThe Superior Court of New York City
DecidedNovember 15, 1866
StatusPublished
Cited by1 cases

This text of 2 Abb. Pr. 167 (O'Reily v. Mutual Life Insurance) is published on Counsel Stack Legal Research, covering The Superior Court of New York City primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O'Reily v. Mutual Life Insurance, 2 Abb. Pr. 167 (N.Y. Super. Ct. 1866).

Opinion

Roberts on, Ch. J.

No obligation was imposed upon the plaintiff by the terms of the policy in question. ■ It bound the [170]*170defendants, only, to pay to his representatives a certain sum after his death, upon the performance by him of certain conditions, which were entirely at his option. The only means they had to secure the performance of such conditions was his own sense of self interest in not losing the advantages of their contract. As such conditions consisted mainly of periodical payments of certain sums of money, he was required to relinquish all right to reclaim any money previously paid by him, in cáse at any time he should neglect to pay those payable subsequently.

The rights of the plaintiff under the policy, and' by virtue of his membership of the corporation of the defendants, with the exception of his right to a share of the profits of the latter, and that of his representatives to the payment of the sum insured in case of his death, are so nearly identical, that they must be governed by the same principles. Ko case is made for claiming such share by alleging profits, the equitable allotment of a share of them to the plaintiff by the trustees of the company under the 13th section of the Charter, or a demand for them and non-payment. Of course, while the plaintiff is alive, any con tingent right of his representatives cannot be determined in advance.

I do not see very clearly what, or upon what, this court can adjudicate under these circumstances : I mean make an adjudication; not merely promulgate an opinion. The objection, perhaps, does not rank very precisely as one of those to jurisdiction over the subject of action, but it is rather one to the sufficiency of the cause of action stated. ¡No account can be decreed of profits made by the defendants, for the reasons already stated. The court cannot make a declaration or proclamation of its opinion to the world now, to be of any avail to the plaintiff’s representatiyes in recovering the amount insured hereafter; no transfer or vesting or divesting of rights would ensue for such a declaration, and nothing could now be decreed to be done as a consequence of such a declaration (Rooke v. Ld. Kensington, 2 Kay & J. R., 753; Grove v. Bastard, 2 Ph. Ch. Ca., 619; Jenner v. Jenner, Law Rep., 1 Eq., Pt. III., 361; Baylies v. Payson, 5 Allen, 488).

Such a judicial declaration appears to be only known to the [171]*171system of jurisprudence peculiar to Scotland (Bell’s Principles, &c., % 2252).

If the present complaint were directed to the restoration of any rights of membership in the corporation of the defendants, of which the plaintiff is deprived, this court could give no relief even as a court of equity; since the proper remedy is by mandamus to restore him to such rights, of which the supreme court alone has jurisdiction. So that the only jurisdiction the court could exercise would be to order a repayment, or in other words enable the plaintiff to rescind the contract, and recover hack part payments made by him, upon the ground that being part payment of an entire consideration, the defendants have either refused to perform their part of such contract, or thrown such obstacles in the way of the plaintiff’s performance of those conditions, which would enable him to claim the advantage of it, as to entitle him to be restored to the condition in which he was before it was made.

Even assuming, however, that the policy was an entire contract to insure for a life time, defeasible on non-payment of the fixed annuity, and that therefore such non-payment was a condition subsequent, and entitled to greater favor than a condition precedent, and that the present is a case for relaxing the rigors of the law in regard to performing such condition, the policy and its acceptance constituted something more than a contract. They conferred a membership of the corporation of the defendants, and gave the plaintiff a right to a share of the profits of the defendants, including such very payments.

The defendants were a partnership, whose business it was to receive compensation for entering into contingent obligations, which either formed the capital by means of which such obligations were to he discharged, or profits to the partners, in case they exceeded the amount necessary to discharge such obligations. The plain tiff, by becoming a member, was adopted as a partner in an existing partnership, agreeing to contribute to its capital the sums necessary to entitle him to a continuance of the contract which made him a member, which at the same time formed the consideration for such continuance, he receiving back as a member of such partnership while he so continued to contribute, a share of the very sums so contributed by him as profits. But he also agreed that a failure to [172]*172continue such contributions should deprive him of his membership, and all right to reclaim, as an individual with whom the partnership has made an unfulfilled contract, the sums paid as a consideration therefor. It is manifest that such a relation stands on an entirely different footing, as to the relaxation of the strict performance of conditions, from that of a mere obligor or obligee. The whole business for which the partnership was formed must end, if every one availed himself of obstacles to a performance on his part, to insist on the continuance of the contract. As it was entirely a matter of option with the insured to continue the contract of the company, the latter could not know why he had failed to perform the condition, by whose ¡performance they were to be notified of such election, and would be at á loss, in entering into new and similar obligations, to know on what to rely for the means of discharging them. This would be so entirely subsérsive of the purposes, mode of operation, and vitality of such a partnership, that such a relaxation of the rule would defeat the whole value of the contract and could not be supposed to have entered into the contemplation of the parties to it. The waiver of all right to claim such relaxation in any event, is by implication as much a part of such contract, as if it had been expressly stipulated in it (Priest v. Citizens’ Ins. Co., 3 Allen, 602; Buffum v. Fayette Ins. Co., 3 Allen, 360; Abbott v. Shawmut Ins. Co., 3 Allen, 213; Mulrey v. Shawmut Ins. Co., 4 Allen, 116; Brewer v. Chelsea Ins. Co., 14 Gray, 203; Evans v. Trimountain Ins. Co., 9 Allen, 329; Treadway v. Hamilton Ins. Co., 29 Conn., 68; Baxter v. Chelsea Ins. Co., 1 Allen, 294; Nightingale v. State Mutual Ins. Co., 5 Rhode Island, 38; 11 Cushing, 265; 12 Cushing, 469; 8 Gray, 28; 7 Cushing, 38).

But assuming this policy to be a mere contract between strangers to each other, and that this court could make a decree or judgment available and binding on the parties, and that unexpected obstacles, difficult to overcome, were an excuse for the want of strict performance of the condition subsequent contained in such policy, the question still remains whether the existing state of war between the government of this country and the insurgents, Confederate States, as they termed themselves, was a justifiable excuse for the non-payment of the premiums in question. Such an excuse has .two aspects ; first, [173]

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Bluebook (online)
2 Abb. Pr. 167, Counsel Stack Legal Research, https://law.counselstack.com/opinion/oreily-v-mutual-life-insurance-nysuperctnyc-1866.