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GULF LIFE INSURANCE CO. v. FOLSOM

43691.

256 Ga. 400 (1986)

349 S.E.2d 368

GULF LIFE INSURANCE COMPANY v. FOLSOM et al.

Supreme Court of Georgia.

Reconsideration Denied November 6, 1986 and November 12, 1986.

Attorney(s) appearing for the Case

Perry, Walters & Lippitt, H. Holcombe Perry, Jr., for appellant.

Rainwater & Christy, David N. Rainwater, for appellees.

John A. Helms, Francis J. Mulcahy, Jr., Sarah M. Hogsette, amici curiae.

MARSHALL, Chief Justice.

The United States Court of Appeals for the Eleventh Circuit certified the following question to this court pursuant to OCGA § 15-2-9. ". . . Statement of the facts. Between March 1974, and March, 1977, four $100,000 insurance policies were issued by the appellant, Gulf Life Insurance Co. (Gulf) on the life of appellee Sydney M. Folsom, the ex-president of appellee Folsom Construction Co. (Folsom). A total of $17,396 in premiums...

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