German-American State Bank v. Godman

This litigation arose out of a controversy over the application of the proceeds and avails of certain policies of insurance upon the life of Henry E. Christensen, deceased. The policies in controversy amount in the aggregate to $17,000. The administrator with the will annexed collected upon the policies $15,739.28. The court held that $14,537.83 of this amount was exempt from the debts of the insured, expenses of administration, and funeral expenses and expenses of the last sickness. The administrator and the German-American Bank of Bitzville, a corporation, intervener, and the guardian ad…