Edner v. Massachusetts Mut. Life Ins.

SCHOONMAKER, District Judge.

This is an interpleader case in which the Insurance Company undertook to relieve itself of a responsibility by paying into court the sum of $18,972.50, the cash surrender value of certain life insurance policies on the life of Lum, the bankrupt, when the full face value of the policies was $45,000. This court allowed the deposit to be made. The case was then appealed to the Circuit Court of Appeals of this Circuit; and that Court, holding that was not sufficient compliance with the Act, reversed the. order of this Court allowing the deposit. See 138 F.2d 327. The…