Taylor v. American Mutual Ass'n

The American Mutual Association "organized under the common law," hereinafter referred to as the association, on April 12, 1928, issued to the plaintiff a contract of life insurance, attached thereto a disability benefit rider, by the terms of which the association promised to pay to plaintiff the amount stated in the contract in event plaintiff suffered permanent total disability occasioned by accident or disease. The association, acting through its officers, on September 10, 1929, adopted a resolution as follows:

"Whereas, it has been deemed to the best interests of the membership of the…