Genesee Valley Trust Co. v. Glazer

Hannah Glazer and Abraham Glazer were husband and wife. They executed a note to the Genesee Valley Trust Company and on default in the payment of such indebtedness, the Trust Company, judgment creditor herein, recovered a judgment on January 12, 1934, against both makers in the sum of $1,812.25. In 1937 Abraham A. Glazer, one of the judgment debtors, secured insurance on his life in the Equitable Life Assurance Society of the United States, third party to this proceeding, in the sum of $10,000. The sum of $2,500 of the amount of insurance was settled on the insured’s wife, Hannah Glazer,…