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SPIRO STATE BANK v. BANKERS' NAT. LIFE INS. CO.

No. 9683.

69 F.2d 185 (1934)

SPIRO STATE BANK v. BANKERS' NAT. LIFE INS. CO. et al.

Circuit Court of Appeals, Eighth Circuit.

February 8, 1934.

Attorney(s) appearing for the Case

James B. McDonough, of Fort Smith, Ark., and Edwin T. Watkins, of Spiro, Okl. (Sam A. Neely, of Tulsa, Okl., and Babb & Bennett, of Poteau, Okl., on the brief), for appellant.

Walter L. Pope, of Pocahontas, Ark. (Pace & Davis, of Little Rock, Ark., on the brief), for appellees.

Before STONE, SANBORN, and VAN VALKENBURGH, Circuit Judges.

SANBORN, Circuit Judge.

John McCann, of Le Flore county, Okl., on April 23, 1932, committed suicide. He had three policies of life insurance issued by the Bankers' National Life Insurance Company, each for the sum of $10,000, and each payable to his minor sons. The policies, which were five-year term policies automatically convertible into ordinary life after five years, had been written in November and December, 1928. They had been applied for and delivered in the...

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