American Insurance v. Henley

Suit by the appellant, against the appellee,, upon a promissory note, which we copy: “ For value received on policy No. 81,130, dated the 9th day of March,. 1872, issued by the American Insurance Company of Chicago, Illinois, I promise to pay said company the sum of' seven dollars and fifty cents on the 1st day of March, 1873, and seven dollars and fifty cents on the 1st day of March, 1874, and seven dollars and fifty cents on the 1st day of March, 1875, and seven dollars and fifty cents on the 1st day of March, 1876, without interest.

“John Henley.”

The defendant answered, admitting the…