Helmer v. Equitable Reserve Ass'n

The contract which determines the rights of the parties was entered into by Louis A. Helmer, November 27, 1905. It was a benefit insurance contract in the amount of $2,000 with certain limitations and conditions, accepted and continued until the insured was suspended De*271cember 1, 1924, for non-payment of the monthly assessment payable in November of that year. The insured paid no further assessments and died June 23, 1927.

The contract among other provisions contained the following stipulations:

‘T. Thirty (30) days is allowed for the payment of assessments after the date of the notice of…