Bailey v. Wood
Massachusetts Supreme Judicial Court
Three bills in equity, filed in the Superior Court on July 8, 1908, by Hollis R. Bailey as trustee in bankruptcy of the estate of James A. Wood of Cambridge, the first two suits having been brought to recover insurance premiums alleged to have been paid by the bankrupt in fraud of creditors, and the third suit having been brought to recover $5,000, as the full amount of the proceeds of a life insurance and endowment policy assigned by the bankrupt to the defendant in that…
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Three bills in equity, filed in the Superior Court on July 8, 1908, by Hollis R. Bailey as trustee in bankruptcy of the estate of James A. Wood of Cambridge, the first two suits having been brought to recover insurance premiums alleged to have been paid by the bankrupt in fraud of creditors, and the third suit having been brought to recover $5,000, as the full amount of the proceeds of a life insurance and endowment policy assigned by the bankrupt to the defendant in that case, the plaintiff alleging that the transfer of the policy to" the defendant by the bankrupt was fraudulent as against…
1Opinion of the CourtHammond, J.
1. Inasmuch as the first two cases involve each the same question of law, they will be considered together and apart from the third case. The policies were all taken out by James A. Wood (of whose estate in bankruptcy the plaintiff is trustee) in his name, upon his own life, were originally payable to him, his executors, administrators or assigns, and were *565subsequently assigned, one to the defendant Caroline, his wife, and Mercy, his daughter; and the others to Caroline. These policies are within the provisions of R. L. c. 118, § 73 (formerly St. 1894, c. 522, § 73); and the rights of the…
2Cases cited15 opinions
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Gould v. EmersonMassachusetts Supreme Judicial Court · 1868
- Barry v. . Equitable Life Assurance SocietyNew York Court of Appeals · 1875
- Alexander v. McPeckMassachusetts Supreme Judicial Court · 1905
- Succession of A. Constant HearingSupreme Court of Louisiana · 1874
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3Cited by24 opinions
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- Massachusetts Linotyping Corp. v. FieldingMassachusetts Supreme Judicial Court · 1942
- Equitable Life Assurance Society of the United States v. HitchcockMichigan Supreme Court · 1935
- Blinn v. DameMassachusetts Supreme Judicial Court · 1911
- Proctor v. MacClaskeyMassachusetts Supreme Judicial Court · 1932
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