First National Bank v. Goodman

Harrison, O. J.

Certain policies of insurance on the life of Charles F. Goodman, during the main transactions which are involved in this suit were by the beneficiary of each policy, his wife, Emma Goodman, on March 8, 1893, pledged with the First National Bank of Omaha as security for the payment of the indebtedness of her husband to the bank. Subsequent to the death of the husband, which occurred January 11, 1895, the bank collected the amounts due on the policies of insurance and applied the proceeds to the payment of what was then due it of Mr. Goodman’s indebtedness. In this action, in…