WALKER, Circuit Judge.
In March, 1928, New York Life Insurance Company, an appellee, herein referred to as the Insurer, issued its policy of insurance in the sum of $10,000 on the life of William Laws, Jr., the beneficiary named in the policy being Mary A. Laws, the wife of the insured at the time the policy was issued. The policy contained the following provisions:
"Assignment. — Any assignment of this Policy must be made in duplicate and one copy...
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