Reserve, Etc., Life Ins. Co. v. Brammer

Action by appellee Clara M. Brammer against appellant to recover on a policy of life insurance issued by appellant on the life of William E. Brammer, husband of appellee. Appellee as administratrix of the estate of her husband was made a party defendant. There was a trial by the court which resulted in a finding and judgment in favor of appellee. The error assigned in this court is the action of the court in overruling appellant's motion for a new trial, which presents the question of whether or not the policy terminated u-pon the failure of the policy holder to pay interest on a policy loan…