Home Ins. Co. v. McFarland

This suit originated in the court of a justice of the peace, and was based upon a note for one hundred sixteen dollars and sixty-four cents, payable in four installments for tw'enty-nine dollars and sixteen cents each, due, respectively, November 1, 1924, 1925', 1926, and 1927. The note was given in payment of premiums on two policies of insurance, which provide, if any single payment given for the whole or any part of the premiums shall not be paid promptly when due, the whole amount of installments or notes remaining* unpaid on said policies may be declared earned, due, and payable, and may…