Simpson v. Amarillo Mut. Benev. Ass'n

JACKSON, Justice.

The appellee benevolent association issued a certificate of mutual life insurance to Ira Simpson in the sum of $1,000. After the death of the assured, Earl Simpson, as beneficiary, sued, and on the 12th day of January, 1933, recovered a judgment in the district court of Briscoe county against the association for the full amount of $1,000, with interest thereon. The judgment, in part, recites as follows:

“The Court further finds that the defendant operates upon an ‘assessment as needed’ plan of mutual insurance, assessing its members each time a death occurs for which a claim…