In re Gordon

MOSCOWITZ, District Judge.

This is a hearing on a petition to review the order of the referee herein, dated October 17, 1936, directing the bankrupt to turn over to the trustee herein four insurance policies upon the life of the bankrupt which provided for beneficiaries other than the bankrupt, his assigns or estate. Three of the policies in question were issued prior to March 31, 1927, the effective date of section 55-a of the New York State Insurance Law (Consol. Laws, c. 28), as added by Laws 1927, c. 468, § 1, with the right to change the beneficiaries reserved in the insured; the…