Shoaf v. World Insurance

CARSWELL, Chief Judge.

This is before the Court on plaintiff’s motion for summary judgment. No material facts are in dispute.

The defendant, World Insurance Company, entered into a contract of insurance with Henry Shoaf, deceased husband of plaintiff, insuring his life in the total amount of $20,000. The contract was executed and became operative on November 10, 1955. The sole question' before the Court is the construction of the clause of the contract providing: “A grace period of one month (not less than thirty days) without interest shall be granted for the payment of every premium after the…