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WELLHOUSE v. UNITED PAPER CO.

No. 5367.

29 F.2d 886 (1929)

WELLHOUSE v. UNITED PAPER CO. et al. (two cases).

Circuit Court of Appeals, Fifth Circuit.

January 7, 1929.

Attorney(s) appearing for the Case

E. Marvin Underwood, of Atlanta, Ga., (Underwood, Haas & Gambrell, of Atlanta, Ga., on the brief), for appellant.

Bryan & Middlebrooks, of Atlanta, Ga., for interpleader Mutual Life Ins. Co.

John A. Sibley and Spalding, MacDougald & Sibley, all of Atlanta, Ga., for appellee United Paper Co.

Before WALKER and BRYAN, Circuit Judges, and DAWKINS, District Judge.

WALKER, Circuit Judge.

On April 7, 1925, the Mutual Life Insurance Company of New York issued a policy of insurance on the life of Alvin Wellhouse in the sum of $50,000, payable to United Paper Company, its successors or assigns. At that time the insured and his brother Louis Wellhouse were the principal stockholders of the United Paper Company; Louis being the president, and Alvin the vice president and the principal executive officer, of the company. The policy...

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