Travelers Ins. Co. v. Bancroft

JOHNSON, District Judge.

On February 23,1922, the Travelers’ Life Insurance Company issued a life insurance policy for $5,000 to Allen C. Bancroft payable to the executors, administrators, or assigns of the insured; his daughters Alleen and Alice were later substituted as beneficiaries. On July-24, 1922, the Travelers’ Life Insurance Company issued a second life insurance policy to Allen C. Bancroft for $5,000 payable to the executors, administrators, or assigns of the insured. On December 1,1930, Alleen Bancroft being then nineteen years of age, and Alice Bancroft being then fourteen years of…