Columbus Mutual Life Ins. Co. of Columbus v. Dodson

This action was brought by the defendant in error, hereafter referred to as plaintiff, against the plaintiff in error, hereafter referred to as defendant, to compel payment of a life insurance policy. The question presented for decision by this appeal is whether a dividend apportioned to the policy should have been applied to the purchase of extended term insurance. It is conceded by the defendant that if this question is answered in the affirmative, the judgment of the trial court should be affirmed.

The essential facts are not in dispute. On October 6, 1931, the defendant, in consideration…