Hawkes v. Mobley

T. W. Hawkes was owner of certain policies of insurance upon his life, in which his wife Bubie L. Hawkes was the designated beneficiary. One of the policies was issued by the *482Equitable Life Assurance Society of the United States (a corporation), for $5000. The others were issued by other companies for different amounts. The sum total of all the policies was $20,340. Each policy contained a clause authorizing the insured to change the beneficiary by complying with certain specifications. On August 29, 1930, the insured, being president of the Merchants & Mechanics Bank of Macon, was…