Dillehay v. Texas Life Insurance

Mr. Judge German

delivered the opinion of the Commission of Appeals, Section A.

On the 5th day of March, 1923, defendant in error, Texas Life Insurance Company, issued and delivered to Richard Hubbard Dillehay a life insurance policy in the sum of. $2,000.00. Plaintiff in error, Mrs. Clyde Dillehay, wife of the insured, was beneficiary. The annual premium was $56.70. The premiums were payable in advance. The insured paid eight annual premiums, and on March 5, 1930, the policy, according to the loan and nonforfeiture table of values endorsed thereon, had a face value of $306.00 and a loan value…