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Session Laws, 1898 Session
Volume 482, Page 1083   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR.

death or not, bat such right of dower shall not operate to the
prejudice of any claim for the purchase money of such lands,
or other lien on the same.

1083

7. Every husband shall acquire by virtue of his marriage an
estate for his life in one-third of the lands held or owned by
his wife at any time during the marriage, whether by legal or
equitable title, or whether held by her at the time of her death
or not, but such estate shall not operate to the prejudice of
any claim for the purchase money of such lands, or other lien
on the same ; nor shall any conveyance of such lands by the
wife alone bar such estate of the husband therein.

Estate for
life.

8. Any married woman, by herself and in her name, or in
the name of any third person, with his assent, as her trustee,
may insure or cause to be insured for her sole use, the life of
her husband for any definite period, or for the term of his
natural life ; and any husband may cause his own life to be
insured for the sole use of his wife, and may also assign any
policy of insurance upon his own life, to his wife, for her sole
use ; and in case of the wife surviving her husband, the sum
or net amount of such insurance becoming due and payable by
the terms of the insurance, shall be payable to her for her own
use, free from the claims of the representatives of her hus-
band, or any of his creditors.

Insurance.

9. All policies of life insurance upon the life of any person
which may hereafter mature, and which have been or shall be
taken out for the benefit of or bona fide assigned to the wife
or children, or any relative dependent upon such person, or
any creditor, shall be vested in such wife or children, or other
relative or creditor, free and clear from all claims of the credi-
tors of such insured person.

Free from all
claims.

10. If the wife shall die before her husband the amount of
such insurance may be payable after her death to the children
or descendants for their use, and to their guardian, if under
age, and if there be no children or descendants of the wife
living at the time of her death, to her legal representatives.

How payable.

11. The receipt of any married woman for the payment or
money deposited by her before or after marriage, shall be a
valid discharge to any individual or corporation making such
payment ; provided, that nothing contained in this section shall
prevent any creditor of the husband from attaching the same,
or restraining the payment by injunction, if the deposit was
made in fraud of his creditors.

Valid
discharge.



 
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Session Laws, 1898 Session
Volume 482, Page 1083   View pdf image (33K)
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