Continental Beneficial Ass'n v. Holt

Opinion op the Court by

Judge Thomas

Affirming.

On October 28,1904, the American Beneficial Association, of St. Louis, Mo., in consideration of the payment to it of $1.50 per month, payable on the fifteenth of each month, issued to Alvin TI. Holt, a certificate or policy which partakes of the nature of a life insurance policy, an accident policy, and a sick benefit policy, and also provides for old age benefits. It was agreed therein that upon the death of the insured (which in the certifi'cate is called the member), the company would pay to the appellee herein such a sum as might be due under…