LOAN FOR A WIDOW.

Taranaki Daily News, 9 December 1922, Page 11

LOAN FOR A WIDOW.

novel means employed INSURANCE AGAINST MARRIAGE. A humorous episode which Mr. H. E. Vaile related in the course of an address on valuation at Auckland last week concerned the valuation of a property owned by a widow. This lady, he said, ask. ed it he would lend her £5OO. The security was examined, and was found to be excellent; but. on looking into the title, if. was found the widow held the property under a settlement which provided that, if she married again she lost the lot. The lady called and the circumstances were explained to her. In tears she assured him she would not marry again, but obviously he could not lend £5OO of somebody else’s money on a lady’s promise not to remarry (Laughter. Finally, he appeased the lady by telling her he would try to find a way out of the difficulty. So he put the case to an insurance company and insured her against remarrying.

A voice: What was- the premium? (Laughter.)

The lady gave her bond, continued Mr. Vaile, and the company took the premium. It was an accident insurance company. (Laughter.) They insured her against accident matrimony. (Daughter.) When the insurance was taken out he naturally supposed the company would want to inspect the risk. (Laughter.) But to his astonishment it said it did not want to see the lady. He suggested to the company that if the lady were not too attractive the premium would be lower. The answer was: “Nothing of the kind. The premium was a Hat one, whatever ner appearance” That lady paid off the money when it became due,, andl he trusted she married* and lived happy ever after.