Symmes v. Graham

The opinion of the Court was delivered by

Mr. Justice StabeER.

This action was commenced in February, 1932, by the plaintiffs against the Equitable Eife Assurance Society of the United States and Mabel K. Graham as administratrix. The complaint alleged that on November 11, 1922, the so ciety issued a policy of insurance upon the life of one Allen J. Graham in the sum of $86,000.00 and that on April 29, 1927, being heavily indebted, Graham made a deed of assignment for the benefit of his creditors and thereby conveyed to the plaintiffs, as trustees, all his real estate, notes, stocks, bonds, and…