Philadelphia Life Insurance v. Mooney

This is an appeal from a decree of the court of chancery in an interpleader suit. The case involves the disposition of the proceeds of an insurance policy on the life of William H. Mooney, deceased, the claimants being the respondent, Louisa Mooney, widow of the insured, and the appellant, Helen A. Parker. The respondent was originally the named beneficiary in the policy, but on August 31st, 1932, a change of beneficiary was made in accordance with the terms of the policy, naming Mrs. Parker as beneficiary. Subsequently in January, 1933, an attempt was made by the insured to rename Mrs.…