Woodmen of World Life Ins. Soc. v. Ried

BOULDIN, Justice.

Appellee sued as beneficiary named in certificate of life insurance issued by appellant. The issues were presented under special pleas alleging a lapse of the policy for nonpayment of premiums.

Plea III alleged that the insured failed to pay the monthly instalment for the month of August, 1938, and paid no further instalments prior to his death March 11, 1939; that at the time of default the certificate had a cash value over and above outstanding loans in the sum of $43.91, sufficient to keep the certificate in force for the months of August to November, inclusive, 1938, and…