Hendrie & Bolthoff Manufacturing Co. v. Platt

This is an action brought by a creditor of a deceased insolvent, for the purpose of subjecting to the payment of the latter’s debts the funds realized from life and accident *16insurance taken and carried by the latter in favor and for the benefit of his wife, who is the defendant. James H. Platt died on August 13, 1894, and his estate was found to be insolvent.

The complaint charges that while insolvent, the said Platt carried upon his life and obtained life and accident insurance in favor of the defendant as follows, to wit: A policy of life insurance for $25,000 in the New York Life Insurance…