THOMSON, District Judge.
The question before the court is whether the trustee, under the first mortgage of the General Forbes Hotel Company, or the receiver of that company, appointed by this court, is entitled to possession of an insurance policy for $250,000, issued on the life of one Klooz, president of the hotel company.
To determine this question of law, it is necessary that a statement of the facts be made.
On July 1, 1926, the hotel company...
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