Bell v. Acacia Mut. Life Ins. Co.

ROGERS, Justice.

On July 1, 1922, the Masonic Mutual Life Association of the District of Columbia, now known as the Acacia Mutual Life Insurance Company, issued its policy in the sum of $5,000 to Johnie Graham Bell, with his wife, Helon Octavia Bell, as beneficiary. The first annual premium of $146.45 was paid by Bell to the insurance company when the policy was delivered, and this was the only premium ever paid on the contract of insurance. Bell died on January 13, 1941. On November 12, 1941, Mrs. Helon Octavia Bell, the beneficiary, brought suit on the policy and obtained’ judgment in the…