Mulherin v. Bankers' Life Ass'n

1 mutual insurment o? assessment: evidence, I. The defendant is a mutual assessment association and on November 26,1909, issued three certificates of membership to Thomas Mulherin, stipulating in each “that, ™ ^le .event of his death during membership, beneficiary shall receive the sum of two thousand dollars and the guaranty fund deposited with the association by said member amounting to thirty-nine dollars.” Mulherin died January 17, 1911, and, the defendant having denied liability on the ground that certificates had lapsed because of his failure to pay assessments, this action was begun.…