Equitable Life Assurance Society of U. S. v. Amos

Opinion op the Court by

Judge Carroll

Affirming.'

In 1870, tlie appellant company issued to W. P. Mansfield, then about 53' years of age, a policy of insurance, obligating itself in consideration of the payment by him of an annual premium of $271.55 to be paid on or before the 28th day of May in every year during the continuance of the policy, to pay to the children of Mansfield within sixty days after notice of his death the sum of five thousand dollars. It was farther stipulated in the policy that — •

“The said Society do hereby further promise and agree that if, after premiums upon this policy…