Lincoln Nat. Life Ins. v. Bastian

BAKER, District Judge.

On June 1, 1926, Lincoln National Life Insurance Company, plaintiff, issued and delivered to one John J. Bastían a policy of insurance on his life in the sum of $5,000, with his wife E. Pearl Bastían, the defendant herein, as beneficiary.

Said policy provided for premiums to be paid semi-annually on the 1st days of June and December of each year — $45 each period.

Said policy contained a one-month grace period within which to pay the premiums. The first semi-annual premium of $45 was paid, the receipt of which was acknowledged by the delivery of the policy.

On the 30th day…