In Re Firestone

PATTERSON, District Judge.

This is an application by the bankrupt for an order releasing and exempting his life insurance policies from the claims of his creditors. Adjudication occurred on October 21, 1931, and the time to file proofs of claim will expire on April 21, 1932. It is shown that of the claims thus far filed only one, that of Spieler in the amount of $195.22, arose prior to Mareh 31,1927, and that Spieler has given bis written consent to an exemption of the policies so far as bis claim is concerned. The referee granted the exemption, except that be held the trustee in bankruptcy…