Shaw v. M. Livingston & Co.

Opinion op the Court by

Judge Tilpord

-Affirming.

The appellants, Edna Carpenter Shaw and Bonnie Carpenter, are the beneficiaries of six insurance policies issued by the appellee Prudential Insurance Company on the life of their father, Val Carpenter, deceased; the appellee M. Livingston & Company is the assignee of the policies, and this appeal is from a decree of the Chancellor awarding to the assignee the proceeds paid into court by the Insurance Company. The case was tried on the pleadings and a stipulation of facts, from which it appears that Val Carpenter, the insured, was indebted to the…