Hassell v. Great Southern Life Ins. Co.

GRAVES, Justice.

The appellant sued the appellee in the court below as the designated beneficiary under a $1,000 life insurance policy issued by it on April 27 of 1929 upon the life of her husband, who died February 7 of 1934; during his lifetime the husband had paid in cash 2½ years’ premiums, which kept the policy in force until October 27 of 1931; thereafter, and prior to his death as stated, being unable to pay any more premiums in cash, he issued and delivered “on account of” the premiums thereafter accruing, his two certain promissory notes, which are fully described in the trial court’s…