Maddy v. National Life Insurance

Taylor, C.

Plaintiff brought this action to recover from defendant a balance claimed to be due under a policy issued by the American Bonding & Casualty Company insuring her against disability caused by illness. The trial court found as a fact that defendant “for a valuable consideration, assumed as of twelve o’clock noon, June 1, 1920, said contract of insurance as its own and agreed with said plaintiff that it would perform all the obligations thereof in the place and stead of the American Bonding and Casualty Company,” and directed judgment in favor of plaintiff. Defendant appealed from an…