In re Day

SANFORD, District Judge.

I am of opinion that the proceeds of the life insurance policies in question are subject to the claims of the creditors of the firm of which Mrs. Day, the bankrupt, was a partner, and do not constitute a trust fund held by her for the benefit of herself and children, free from the claims of such creditors. ,

1. It is unnecessary to determine whether the proceeds of the policies taken out by R. E. Day on his life in favor" of his wife, which did not accrue until after his death, at a time when she was a feme sole, became her technical separate estate under the doctrine…