National Mut. Ben. Ass'n v. Aaron

Suit upon a benefit certificate issued by appellant, a mutual assessment corporation, to Georgia Aaron, deceased, in which appellee, her husband, was named beneficiary. Appellant asserted forfeiture of the policy on the ground that the insured had failed to pay assessments within the time provided in the policy. Trial was to the court without a jury, and judgment rendered for the amount of the policy, 12 per cent, penalty, and attorney’s fees; hence this appeal.

The first contention made is that, being a mutual benefit association, chartered in 1905, under the General Incorporation Law (Rev.…