Metropolitan Life Insurance v. Petersen

THOMSEN, Chief Judge.

Plaintiff insurance company filed this action under the Federal Interpleader Act, 28 U.S.C.A. 41(26),* to determine who is entitled to receive $915.44, the proceeds of two insurance policies on the *766life of Frederick W. Petersen, now deceased. In both policies the company agreed, inter alia, “to pay upon receipt of due proof of the death of the Insured and upon surrender of this Policy and evidence of premium payment hereunder, the amount stipulated in said Schedule, to the executor or administrator of the Insured, unless payment be made under the provisions of the next…