Indiana Farmers' Live Stock Insurance v. Stratton

The appellant brought this action in the court below against the appellee on a promissory note executed by the appellee to the appellant for the premium on an insurance policy. The appellee answered in one paragraph, averring “ that the note mentioned in plaintiff’s complaint was given in payment of the premium due on. a certain policy of insurance executed by the plaintiff to the defendant insuring the defendant against loss by death of a certain stallion called 'Lord Darnley,’ owned by the defendant, for the sum of five hundred dollars, and for ño other consideration whatever; that before…