International Savings & Trust Co. v. Tillotson

Citations

• 34 Pa. Super. 521
• 1907 Pa. Super. LEXIS 173

Syllabus

<p>Insurance — Mutual insurance — By-laws—Forfeiture of policy.</p> <p>Where a by-law of a mutual insurance company provides that if the insured neglects or refuses to pay his loss dues within the time specified in his notice, his policy shall become null and void, a failure to pay does, not ipso facto render the policy void. The provision is for the protection of the company, and if the company does not choose to enforce the forfeiture, the policy continues in force against the member.</p>