McALLISTER, Circuit Judge.
The Equitable Life Assurance Society of the United States issued to Dan F. Johnson, three policies of life insurance in 1922, in the face amounts of $2,000, $2,500, and $3,000, with premiums payable in advance on the eighth day of January of each year, for 20 years, or until the prior death of the insured. All premiums were paid on the policies up to and including those which became due on January 8, 1936.
The policies contained...
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