De Long v. Jefferson Standard Life Insurance

HOLMES, Circuit Judge.

This appeal presents for review the rulings of the trial court in denying the motion of appellant, and granting the motion of appellee, for a directed verdict in an action by appellant, as beneficiary, to 0 recover on a life insurance policy issued by appellee on January 23, 1924.

Insured paid all premiums due thereon until January 23, 1935, but never paid the premium due on that date, nor did he pay the interest then due on the outstanding loans against the policy. He died on Febru*586ary 25, 1935, thirty-three days after the due date of the unpaid premium. On January 23,…