Southwestern Life Ins. Co. v. Houston

SPEER, Justice.

J. M. Houston, Receiver for Universal Motor Company, of Arlington, Inc., instituted this suit against Southwestern Life Insurance Company, for the recovery of $5,000, statutory penalty of 12 per cent and reasonable attorney’s fees, on a policy of insurance for $5,000, issued by the above named company, under date of August 28th, 1935, on the life of Thomas Spruance, in which contract of insurance the Universal Motor Company of Arlington, Inc., was named as beneficiary.

Allegations were made that. Thomas Spruance died on April 12th, 1937, at a time when all premiums had been paid…