Wienecke v. Arbin

The New York Life Insurance Company, on the lltli of April, 1874, issued a paid up policy on the life of John Wienecke for .$2,170, in which Caroline Wienecke, wife of John, was named as the assured, the policy being numbered 105,364. Twelve days later, on April 23, John Wienecke signed a paper in these words:

Balttmobe, April 23, 1874.

It is understood and agreed that in the case of my (John Wienecke’s) death that all indebtedness due Henry Arbin, now and hereafter, shall be paid out of my life insurance i>olicy No. 105,364 in the New York Life Insurance Company, after which being paid the…