First Nat. Bank v. Baker

DAWKINS, District Judge.

This suit was instituted by the First National Bank of Gibsland, in liquidation, against the succession of Wimberly Baker, claiming a lien and privilege .as pledgee upon the proceeds of two policies on the life of Baker. The Mutual Life Insurance Company of New York intervened, admitting its liability upon the policies for the full amount thereof, less certain loans, and deposited the net proceeds in the registry of the court. The insurance company alleged that the plaintiff and defendant were each claiming the avails of the said policies, and it prayed that the-…