The Prudential Insurance Co. v. Beck

WARD, J., Dissenting.

I dissent.

The facts are briefly but fairly stated in the majority opinion. Any additional facts will be hereinafter set forth. On the trial of the case two issues were presented, namely, did the assured make an assignment of his life insurance policies with the intention of defrauding his creditors, and assuming proof of such purpose, may an exemption (Code Civ. Proc., sec. 690.19), arising from such fraud, be claimed? The court found that the assignments were made when the assignor was insolvent and were “made with the intention to hinder, delay and defraud his…