Legal Opinion
Walzer v. Walzer
Appellate Division of the Supreme Court of the State of New York
Decided May 8, 1956PublishedCited by 1 opinion
1Opinion of the CourtBotein, J.
In 1941 Morris Walzer assigned three policies of insurance on his life to the Berks County Trust Company of Beading, Pennsylvania, as collateral security for a loan. The assignments each provided that ‘ ‘ any designation or change of beneficiary or election of a mode of settlement shall be made subject to this assignment and to the rights of the Assignee hereunder ’ ’. Some years later, using the change of beneficiary form provided by the insurance company, he designated his two infant daughters as beneficiaries “ [s]ubject to prior assignment, to Berks County Trust Company dated July 21,1941…
2Cases cited15 opinions
- Wagner v. ThieriotAppellate Division of the Supreme Court of the State of New York · 1922
- Wagner v. . ThieriotNew York Court of Appeals · 1923
- Davis v. Modern Industrial BankNew York Court of Appeals · 1939
- Chamberlin v. First Trust & Deposit Co.New York Supreme Court · 1939
- In Re the Accounting of Marine Trust Co.New York Court of Appeals · 1929
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3Cited by1 opinion
- European American Bank v. FultonNew York Supreme Court · 1988