First Nat. Bank of Chattanooga, Tenn. v. Forester

This case involves the title and method of distribution of the remaining proceeds of .a war insurance policy after the death of the beneficiary named in said policy who died before the annual payments absorbed the fund. Ernest E. Forester, the soldier and insured, died in 1919, having designated J. D. Forester, his father, as beneficiary. The said father and beneficiary died in 1928, and there was left a net balance on said policy of $5,664.14.

The question is: Should this balance be distributed as of the date of the death of the insured in 1919, or the date of the death of the father, the…