National Life & Accident Ins. Co. v. Gibson

Plaintiff in error issued its policies Nos. D-5563521 and E-5563526 on the life, etc., of Grover Gibson. Each policy had stipulations (“conditions”) to this effect; (1) The paper evidenced “the entire agreement” ; (a) the “terms cannot be changed or * ⅜ * conditions varied except by written agreement signed by the president or secretary of the company”; (3) “no other agent or employee shall have the power to make or alter contracts, waive forfeitures,” etc.; (4) “the beneficiary hereunder” (i. e., Airillar Gibson) “may be changed by the insured by consent of the company indorsed hereon”; (5)…