PIPPER v. SCHRAM

No. 7764.

97 F.2d 507 (1938)

PIPPER v. SCHRAM.

Circuit Court of Appeals, Sixth Circuit.

May 5, 1938.


Attorney(s) appearing for the Case

Bratton & Bratton, of Detroit, Mich., for appellant.

Robert S. Marx and Carl Runge, both of Cincinnati, Ohio, for appellee.

Before SIMONS, ALLEN, and HAMILTON, Circuit Judges.


PER CURIAM.

Upon appeal from a judgment awarded the receiver of a national bank for the avails of a life insurance policy assigned to it by its deceased debtor and his wife as additional security for a loan.

It appearing that though the debtor was an employee of the holding company which owned the stock of the bank no coercion was exercised either by the bank or the holding company to induce the debtor or his wife to execute the assignment, and that such coercion...

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