Wissert v. Farmers' Fire Relief Ass'n

Defendant is an Oregon mutual fire insurance company. The annual premium is fifty cents per one hundred dollars.

On the 11th day of May, 1932, the defendant issued to plaintiffs its policy of fire insurance for a term of five years upon a dwelling house, its contents, and other buildings belonging to plaintiffs in a sum not exceeding $4,000.

On July 3, 1933, said dwelling house and contents were totally destroyed by fire. Proof of loss was duly given, upon receipt of which defendant denied liability for the reason that plaintiffs had failed to pay a special assessment within the time prescribed…