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CONTINENTAL ASSUR. CO. v. UNITED STATES

No. 42523.

8 F.Supp. 474 (1934)

CONTINENTAL ASSUR. CO., Inc., v. UNITED STATES.

Court of Claims.

October 15, 1934.

Attorney(s) appearing for the Case

Jay C. Halls, of Chicago, Ill. (Albert L. Hopkins, Stephen M. Reynolds, and Hopkins, Sutter, Halls & De Wolfe, all of Chicago, Ill., on the brief), for plaintiff.

Guy Patten and Edward H. Horton, both of Washington, D. C., and Frank J. Wideman, Asst. Atty. Gen., for the United States.

Before BOOTH, Chief Justice, and GREEN, LITTLETON, WILLIAMS, and WHALEY, Judges.

LITTLETON, Judge.

The question presented in this case is whether the amounts of $107,620 and $127,407.73 held by plaintiff at the beginning and end, respectively, of the year 1927 to meet its liability to holders of matured unsurrendered and unpaid coupons attached to certain twenty-payment life policies, styled "special-coupon accumulative additions policy" and ordinary life policies, styled "acceleration-coupon options...

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