Maccabees v. Axelrad

BRUCHHAUSEN, Chief Judge.

This action of interpleader was instituted by the Maccabees under 28 U.S. C.A. §§ 1335, 1397 and 2361 to procure a determination of the disposition of the proceeds of two life insurance policies issued on the life of John Axelrad.

*724Both policies were issued in June 1945, number 1735-002 in the amount of $10,-000 and number 1735-003 in the amount of $15,000. At the time of the death of John Axelrad, his present wife Virginia was the named beneficiary in policy 002. Dorothy Axelrad, insured’s daughter and Margaret Axelrad, his sister, were the named beneficiaries in…