Borg v. McCroskery

This suit was brought for the benefit of the original complainant John Borg and other creditors of De Witt McCroskery to recover the proceeds of three policies of insurance on decedent's life whereunder his brother J. Harry McCroskery is the beneficiary. The insurance company under its counter-claim in the nature of an interpleader, has paid $17,663.67 into court as the amount due on the policies.

The first policy, issued January, 1929, named the insured's wife as beneficiary. December 30th, 1929, he changed the beneficiary making the policy payable to his estate and December 16th, 1930, he…