January 7, 1963.
LEWIS, Justice.
The respondent, Superior Life Insurance Company (hereinafter referred to as Superior Life), is a domestic insurance company organized in May, 1954. It engaged in several types of insurance business, among them being the writing of credit life insurance for a number of small loan companies and industrial debit insurance. In 1957 Superior Life sold, first, its industrial debit insurance business and later, its small loan insurance...
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