Apostle v. Acacia Mutual Life Insurance

This action was tried in the Forsyth County court upon the theory that, notwithstanding the policy had lapsed and become void, according to its terms, because of the nonpayment of the monthly premium due on 1 June, 1933, the policy was in full force and effect at the death of the insured on 1 August, 1933, if the defendant had failed to act upon the application of the insured for its reinstatement within a reasonable time after the application was delivered to defendant’s agent by the insured at 'Winston-Salem, N. C., on 24 July, 1933. Tbe record of the trial shows that it was conceded by the…