Bull v. Metropolitan Life Ins. Co.

The opinion of the Court was delivered by

Mr. Justice Fishburne.

On the 15th day of November, 1930, in consideration of the payment of an annual premium of $50.49, the defendant issued to the plaintiff its policy insuring her life, in the sum of $1,000.00. The first annual premium was paid in cash, following which the insured was allowed, upon her application, to pay the premium in quarterly installments. On December 8, 1932, the company loaned her, upon the security of the policy, and upon an application for such loan purporting to have been signed by her, the sum of $13.38. And under like…