Larson v. Equitable Life Assur. Soc. of the United States

This cause is -before us on rehearing. The original opinion will be found! in 52 S. D. 264, 217 N. W. 184, to which reference is made for a statement of the facts in the case. A rehearing was granted on appellant’s contention that the complaint stated a cause of action on a policy of life insurance providing for quartely payments. That respondent was bound by that allegation and cannot now be heard to say the policy in suit contained an acknowledgment of the payment of an annual premium-, receipt of which appellant could not deny by any subsequent clause contained in its policy. It may be…