In Re Estate of Bruce Smallwood

Prior to his death in 1918 Bruce Smallwood procured from the United States of America two policies of insurance upon his life in the sum of $5,000 each. The mother of the insured was named as sole beneficiary therein. The Federal Statute, under which said policies were issued, provided that upon the death of insured the insurance should he payable in two hundred and forty equal monthly installments. Such payments were made to the beneficiary until her death in 1919. Thereafter, monthly payments were made to the father of insured, and the husband of the beneficiary named in said policies,…