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Legal Opinion

Smith v. Metropolitan Life Ins. Co.

Court of Appeals for the Third Circuit

Decided September 4, 1930No. 4156PublishedCited by 11 opinions

1Opinion of the Court

JOHNSON, District Judge.

On June 23, 1926, Louis Pinals was' adjudicated a voluntary bankrupt. At that time he owned a policy of insurance covering his life in the Metropolitan Life Insurance Company in the sum of $5,000, having a'cash surrender value of $625.43. The beneficiary named therein was Annie Pinals, wife of the bankrupt. Notice was given to the bankrupt of the cash surrender value and demand was made upon him to pay, or secure the payment of, the surrender value to the trustee, if he wished to redeem the policy; the bankrupt did not redeem.

The trustee obtained an order on the…

2Cases cited4 opinions

  1. Holden v. StrattonSupreme Court of the United States · 1905
  2. Cohen v. SamuelsSupreme Court of the United States · 1917
  3. G. P. Farmer Coal & Supply Co. v. AlbrightNew Jersey Court of Chancery · 1919
  4. In Re PinalsDistrict Court, D. New Jersey · 1930

3Cited by11 opinions

  1. In Re ReiterCourt of Appeals for the Second Circuit · 1932
  2. In Re BeckmanDistrict Court, N.D. Alabama · 1943
  3. Home Security Life Insurance Company v. McDonaldSupreme Court of North Carolina · 1970
  4. In Re HorwitzDistrict Court, W.D. New York · 1933
  5. In Re WhiteDistrict Court, N.D. West Virginia · 1960

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