Early v. Bremer County Farmers Mutual Fire Insurance

The defendant-appellee in its answer admitted the issuance of the policy, the loss, and all matters necessary to a recovery, except that it alleged that' the policy was suspended at the time of the loss by reason of nonpayment of assessments duly levied by the company. If the interpretation of the law applicable to the instant policy is as claimed by appellee, then a fact question only is presented on this appeal.

I. The policy stipulated:

“If any member fails to pay bis assessment within the specified time according to Section twenty of the by-laws, he shall stand suspended and shall not be…