Carolina Like Insurance v. Moultrie

1. “Where parties, in the course of the execution of a contract, depart from its terms and pay or receive money under such departure, before either can recover for failure to pursue the letter of the agreement, reasonable notice must be given the other of intention to rely on the exact terms of the agreement. Until such notice, the departure is a quasi new agreement.” Park’s Annotated Code, § 4227.

2. “Where the insurer, by his custom and course of dealing with the in-' sured, in receiving, without objection, premiums or assessments past due, when he could have insisted upon a forfeiture, has…