Atlantic American Life Insurance v. Peoples Life Insurance

DONALD RUSSELL, District Judge.

This is an action to determine the rights and liabilities of the parties under two contracts executed between them. Because of the complexities involved, an accounting, it is conceded, will be necessary ; but, before such accounting can be had, certain terms and provisions of the contracts must be construed.

The matter was brought before me for the purpose of securing such construction. It was heard without a jury. On the basis of the pleadings, stipulations of the parties, and testimony taken, I make the following findings of fact in connection with the…