Arnold v. United States

DOOLEY, District Judge.

Facts

The plaintiffs Arthur F. Arnold and Beckie Arnold are husband and wife. He *747was bom May 4, 1886. Under date of November 3, 1937, the said husband obtained an endowment policy and again under date of November 3, 1941, obtained another such policy, both in equivalent terms, from the Southwestern Life Insurance Company, including a life insurance part in which said wife was the named beneficiary, for the sum of $5,-000.00, or the cash value of the policy, whichever might be greater, effective only for the interim between the dates of said policies and the maturity…