Duncan v. Mutual Life Insurance

The sole question involved here is the construction and effect of section 2650 of the Code of Civil Procedure. It was changed by chapter 520 of the Laws of 1914, amending the Surrogate’s Court Act (Laws of 1914, chap. 443), which went into effect *281September 1,1914. So much of that section as is pertinent to this inquiry is as follows: “Where the property of the infant does not exceed the sum or value of $2,000, as shown by the petition, the surrogate may, in his discretion, make an order dispensing with such bond wholly or partly, and directing that the guardian collect and receive the moneys…