Mutual Life & Loan Ass'n of America v. Houston

WALKER, Chief Justice.

On the 3d of April, 1930, appellant, Mutual Life & Loan Association of America, chartered under the laws of Texas, with its home office at Dallas, Tex., issued to J. C. Houston, deceased, a certificate of insurance reading, in part, as follows:

“Business Men’s Special.

“No. 1041 Not to Exceed $2,500.00

“Age 60

“The Mutual Life & Loan Association of America chartered under the laws of Texas, Dallas, Texas,

“Agrees to pay not to exceed the sum of two thousand five hundred dollars at its main office in the 'City of Dallas, Dallas County, Texas, upon due notice and satisfactory…