Massachusetts Linotyping Corp. v. Fielding

By this bill, as amended, the plaintiff seeks to establish either a trust or an equitable lien against the proceeds of a policy of insurance upon the life of William H. Fielding, deceased. The defendant was Fielding’s second wife, whom he married late in life, and is now his widow. At his death the policy stood payable to her as beneficiary, and she has received the amount of it from the insurance company. The evidence is reported.

William H. Fielding in his lifetime was the principal stockholder and the leading spirit in the plaintiff corporation. Although some stock was held outside…