Baker v. Keet-Rountree Dry Goods Co.

Suit for money had and received.

Milton C. Baker died August 31, 1923. At the time he was treasurer of the defendant corporation. The defendant later obtained possession of $23,097.97, the proceeds of twro insurance policies on Baker’s life, in which it was named as befiefieiary as its interest might appear, with balance, if any, to Baker’s executors.

The defendant claimed the entire proceeds- of the policy. The plaintiff, executrix, also claimed the entire proceeds. By agreement between the plaintiff and the defendant proofs of death -were presented to The Mutual Life Insurance Company of New…