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A

TREATISE

UPON THE

LAW OF
OF LIFE ASSURANCE:

UPON THE

CONSTITUTION OF ASSURANCE COMPANIES,

THE CONSTRUCTION OF THEIR DEEDS OF SETTLEMENT,
THE SALE OF REVERSIONARY INTERESTS,

AND

EQUITABLE LIENS ARISING IN CONNECTION WITH
LIFE POLICIES.

WITH AN APPENDIX,

OF

PRECEDENTS FOR THE ASSIGNMENT OF POLICIES BY WAY OF SALE, MORTGAGE,

AND SETTLEMENT; NOTES OF CASES; STATUTES; AND AN INDEX

OF PRIVATE ACTS OBTAINED BY INSURANCE COMPANIES.

BY CHARLES JOHN BUNYON, M.A.

OF THE INNER TEMPLE, ESQ., BARRISTER-AT-LAW.

LONDON:

SHAW & SONS, LAW BOOKSELLERS AND PUBLISHERS,

FETTER LANE.

DUBLIN: HODGES AND SMITH, GRAFTON STREET.

AT
Is

B9426

1754 DEC 1 $55

LONDON: PRINTED BY SHAW AND SONS, FETTER LANE.

PREFACE.

IN laying the present Volume before the public, the Author trusts, that a sufficient apology may be found in the growing interest that is felt in all that relates either to the law or practice of Life Assurance, and the increasing importance of the institutions by which the latter is conducted. To this he may add, that he has been himself induced to undertake its preparation, by the belief that, notwithstanding the eminent array of authors who have written upon the subject of Assurance, the law of Life Assurance has not, up to the present time, been treated from its Equity side. He therefore hopes that an essay, in which some of the numerous equitable and conveyancing points continually arising in practice are considered, may prove not unacceptable either to the profession or to that numerous and important class to which the management of Life Offices is entrusted. He has endeavoured to condense into a small compass, such an amount of legal information as he has imagined likely to be useful, and which, if considered as a mere compilation, would at least require many bulky and expensive volumes to produce.

His task has been rendered the easier in that he has found it desirable to deal with the subject in its legal

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