Clara H. Spencer, Appellant v. Peter B. Myers, Respondent

Summary

The New York Court of Appeals affirmed the lower court's judgment that the assignment of a life‑insurance policy by a wife, with her husband's written consent, was valid under the 1879 New York statute, even though the policy was issued by a foreign insurer. The court held that the statutory language should be construed to effect the legislature's purpose, not limited to policies issued within the state, and that an anti‑assignment clause in the policy did not defeat the assignment.