Peoria Life Insurance v. International Life & Annuity Co.

Mr. Presiding Justice Jett

delivered the opinion of the court.

Peoria Life Insurance Company, appellee, instituted this suit against International Life and Annuity Company, formerly International Life and Trust Company, a corporation, appellant, to recover the sum of $10,000 and interest thereon, for money advanced and which appellant promised to repay.

A trial was had without the intervention of a jury and a finding in favor of appellee and against the appellant for $11,175 and costs of suit and this appeal followed.

For the purposes of this opinion appellee will be called “plaintiff” and…