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UNITED BANKERS MUT. LIFE INS. CO. v. CLEMONS

No. 15151.

232 S.W.2d 622 (1950)

UNITED BANKERS MUT. LIFE INS. CO. v. CLEMONS et al.

Court of Civil Appeals of Texas, Fort Worth.

Rehearing Denied September 15, 1950.

Attorney(s) appearing for the Case

Boling, Smith & Allen and John Lee Smith, all of Lubbock, for appellant.

Bullington, Humphrey, Humphrey & Fillmore and Leslie Humphrey, all of Wichita Falls, for appellees.

HALL, Justice.

Appellees, hereinafter named, purchased from appellant a combination life insurance policy and a contract to purchase stock in appellant company. The policies, designated as Special Patron's Investment Policies, were issued as follows: Barney C. Clemons, No. 588, issued on June 25, 1948, in the sum of $25,000, with initial premium of $2,198.50; Roy Harrison King, No. 598, in the amount of $25,000, issued...

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