Prudential Insurance Co. of America v. Cafiero

John Cafiero died on October 4th, 1937. Approximately eleven months later, or on September 15th, 1938, the defendant, Antonio Cafiero, was appointed administrator of his estate. The assets of the estate consisted of two industrial life insurance policies, one for $160, issued November 23d 1936, and the other for $500 issued June 7th, 1937. Those policies are the subject of the dispute between the litigants. The complainant refused to pay the face value of the policies. Thereupon, on October 1st, 1938, the defendant brought an action against the complainant in the Hudson county circuit court.…