Harvey v. Jefferson Standard Life Ins. Co.

(dissenting) : The pleadings and testimony in this case disclose that on February 1, 1913, the defendant issued its policy by which it insured the life of Willie Lawrence Brant in the sum of $1,000.00. The beneficiary named in the policy was Mamie Sue Brant, the wife of the insured. Willie Lawrence Brant borrowed on his policy, from the company, the sum of $377.00. February 1, 1929, there was due on the policy a premium in the sum of $38.42, and interest on the policy loan. These were not paid when due, nor were they paid within the thirty-one days di grace thereafter allowed by the terms of…