Blair v. Baker

This is an appeal by executors from a decree that a debt of their testator, secured by an assignment of four life insurance policies, be paid out of three policies payable to his estate and not out of the fourth, payable to a named beneficiary.

Richard M. Baker died on April 9, 1949. He left no widow or children. His wife had died in October, 1946. By his will, dated April 6, 1949, he directed payment of all his just debts and funeral expenses and left twenty pecuniary legacies, aggregating $9,000, and specific legacies of furniture and silver, and left the residue to Daisy E. Baker, who was…