Texas Mut. Life Ins. Ass'n v. Tolbert

PELPHREY, Chief Justice.

On or about October 21, 1929, William Thomas Tolbert applied for membership in class C of the appellant association. Pursuant to such application, appellant issued its certificate No. 9613, in the principal sum of $5,000, and naming appellee as beneficiary. The certificate provided for the payment of certain dues and assessments, consisting of the sum of $5.50 payable upon the death of any member in the same class and one assessment of $5.50 as annual dues to be paid on or before the 1st day of October of each year.

This certificate, without question, remained in full…