Estate of Kasishke v. Oklahoma Tax Commission

JOHNSON, Chief Justice.

On November 29, 1935, following written application on the part of Albert H. Ka-sishke, deceased, hereafter referred to as “Insured”, the Equitable Life Assurance Society of the United States, hereafter referred to as “Insurer”, in consideration of a single premium of $50,000 paid by insured, issued an insurance policy to insured. Under the terms and provisions of the policy and a typed agreement attached thereto as “Special Provision A” the insurer agreed to pay the insured in accordance with one of the methods provided in the policy, upon its maturity as an endowment…