Bankers Life Co. v. Jacoby

POPE, Circuit Judge.

This was an action seeking a declaratory judgment as to the rights of plaintiff-appellee, Ruth Jacoby, against defendant-appellant, Bankers Life Company, in and to a certain life insurance policy for $5000 which the Company had issued upon the 'life of Lionel A. Jacoby, appellee’s former husband. 1 The trial court held that pursuant to and because of a certain assignment of policy hereinafter mentioned, the appellee became and is the owner of the insured’s interest and of the interest of Betty M. Jacoby, present wife and former assignee, in and to the policy here in…