Acacia Mutual Life Insurance v. Jago

Plaintiff filed a bill of interpleader to determine the rights of various claimants to the proceeds, of an insurance policy. Mrs. Jago, widow of the insured, claims the insurance as the beneficiary named in the policy. Mrs. Bisbee claims $1,400 of the proceeds by virtue of a written assignment made by the insured at the time when an adjudication of mental incompetency was in force and when there was a guardian of the person and the estate, duly appointed by the probate court. The other defendants claim a small amount of Mrs. Bis-bee ’s share by virtue of an assignment from her. The proofs…