Page:United States Statutes at Large Volume 40 Part 1.djvu/462

 444 SIXTY-FIFTH CONGRESS. Sess. II. Ch. 20. 1918. the terms of the contract is not materially affected by reason of such servicci;1 or it may mak; such other disahosition of the case as may be e uita e to conserve the interests 0 arties. §éc°{f§{§,°’3,°'If;,,,_.,y ?§imc£i302. (1)_Tl;at the proygsipkps gfgahisfsection w zyéply tg •>wned\>yr¤¤¤¤¤i¤o aonsomgmain rior e aeoa rov 0 S c °°"'°°' seculed by mortg§e,%:1?ust deed, or other seclifiity in the nature of a mortgage upon re or personal property owned y a person m military seiiiyice at theglripmlxgelncement o the period of the military service dwmman st soowne y_ . _ _ _ M., or mmpaymmg, (2) In any proceeding commenced in any court during the period •°°· of milit service to enforce such ob ation aris` out of non a - ment ofuayny sum thereunder due or (iii of any ollzliger breach oftlie terms thereof occiuring prior to or during the period of such_serv1ce, the court may, after hearing, in its discretion, on its own motion, and shall, on ap; cation to 1t by such person m mihtary service or_some ,,,,,,,,,,,, "§”3‘i°“d JZ°h“H’ `i"1‘°"°’%t“£.l§°t.§’.-‘I.?..'*‘2}`t‘i}i..?€¤‘gZ`2.’§.ffS°£i‘l£§ZtZ,f 0, teeenan ocom W1 shy P  igffecteill by reaslloryi of his umm, a ta te roceedm`gsas rovie int' ct;or (b) Make such other diilpositlion of the case as may be equitable to Rommm ,,1 ,,,,,, conserve the interests of parties. _ gw w¤¤*¤ *°g•;: °°¤· (3) No sale under a power of sale or under a pgdgment entered uppn lu ’ warrant of attorney to confess judgment contained in any such o li- ` gation shall be valid if made during the period of military service or within three months thereafter, unless upon an order of sale previously granted by the court and a return thereto made and approved by the court. Airrrcnn IV. 1¤s¤¤¤¤¤¤- INSURANCE. Glassss ¤¥ Uk *¤S¤*· Sec. 400. That in this Article the term “ olicy" shall include an mmgd contract of life insurance on the level premiiim or legal reserve plan? It shall also include any benefit in the nature of life insurance arising out of membership in any fraternal or beneficial association; the 1g¤¤¤»Q¤=-·j¤¢l¤d°d term "premium" shall include membership dues or assessments in “ *”°°”°m` ‘ such association, and the date of issuance of policy as herein limited shall refer to the date of admission to membership in such associam}’€g9P,}Qg%.,§j,,Q;§2: tion; the term "insu1jed" shall include any person who is the holder of a policy as defined in this AI'l3lCl6' the term "1nsurcr" shall include any corporation, partnership, or other form of association which se- P mm _¤ _ cuges or Lproviéltes mauraréce uggler apnyhpolixytas defilnuciil in this Article. f ‘ 8°""“"° no. 01. at e enc s 0 is ic e s a v to an iiiiviiid W hmm person in military service who is the holder of a policy Iclf life insuryi ance, when such holder shall apply for such benefits on a form dprepared in accordance with regu ations which shall be prescribe by 2£yi¤i¤¤¢i¤¤. etc., the Secretary of the Treasury. _ Such form shall set orth particu- °° °°$` lar-ly that the application therein made is a consent to suc modification of the terms of the original contract of insiuance as are made necessary by the provisions of this Article and by receivin and filing the same the insurer shall be deemed to have assented D M I therleto, to the eigtent, if gpy, Ito which the goliplys (§lrW§ll0l1r1l3§B im °¤°· a `cation is ma e is wit `n the provisions 0 t tic e. e o%1al of suih applicatipnlghall be ster€$_by1tiheki1isured to the insurer, an a co thereo to the ureau o · ar is nsurance. I$=•`¤*= °"°"¤$»°“’· The Biiireau of War Risk Insurance shall issue through suitable military and naval channels a notice explaining the provisions of this Article and shall furnish forms to be distributed to those desiring to make rsfplplication for its benefits. §g$¤a¤{{g;_{=1¤¤g;;·;f Srzc. 402. at the benefits of this Act shall be available to any iiiserlcz. erson in military service in respect of contracts of insurance in ijorce under their terms up to but not exceeding a face value of