Coburn v. Life Indemnity & Investment Co.
Supreme Court of Minnesota
Appeal by defendant, Life Indemnity & Investment Company, from an order of the District Court of Hennepin County, Pond, J., made September 9, 1892, denying its motion for a new trial. The defendant was on November 10, 1886, an Iowa corporation engaged in the business of life insurance. James D. Shearer of Minneapolis was its agent.
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Appeal by defendant, Life Indemnity & Investment Company, from an order of the District Court of Hennepin County, Pond, J., made September 9, 1892, denying its motion for a new trial. The defendant was on November 10, 1886, an Iowa corporation engaged in the business of life insurance. James D. Shearer of Minneapolis was its agent. On that day it insured the life of Mary A. Coburn, then fifty-four years of age, in the sum of $2,500, payable to her heirs ninety days after the receipt of satisfactory proofs of her death; she to pay therefor $4.92 on the first day of each month thereafter. It…
1Opinion of the CourtDickinson, J.
Upon the trial of this action in the district court a verdict was rendered for the plaintiffs. The case comes here on an appeal by the defendant from an order refusing a new trial.
The action is for the recovery of the amount of an insurance policy or contract on the life of one Mary A. Coburn. The contract, by its terms, required the payment, “on or before the first day of each month,” of a specified monthly premium as a condition of the continuance of the insurance during the month for which such payment was made. It further provided: “If this policy should not be re-
newed at the end of any…
2Cited by2 opinions
- Bergh v. SloanSupreme Court of Minnesota · 1893
- Isgrig v. Franklin National BankIndiana Court of Appeals · 1913