In re Piero

Finding op Facts

Emsley, Referee.

Bankrupt was adjudicated August 18, 1967, and on that date there was in full force and effect the following policies on the bankrupt’s life.

Cash Surrender

Policy No. Value Insurance Company Beneficiary

39602438 $159.51 John Hancock Mutual Life Kenneth Arnold

42882972 270.48 John Hancock Mutual Life Kenneth Arnold

43468127 28.88 John Hancock Mutual Life Kenneth Arnold

Policy No. 39602438, a 20-year payment life policy *26was issued June 29,1949, and named Joseph H. Piero, beneficiary. On February 11,1959, Mary A. Piero, mother, was substituted as a beneficiary, and on…