IN RE POWER

Nos. 7179, 7180.

115 F.2d 69 (1940)

In re POWER. PUEBLO SAVINGS & TRUST CO. v. POWER. RICKLES v. SAME.

Circuit Court of Appeals, Seventh Circuit.

July 2, 1940.


Attorney(s) appearing for the Case

Alva B. Adams, Senate, Wash., D. C., and W. H. Thompson and Patrick J. Smith, both of Indianapolis, Ind., for appellants.

Maurice E. Tennant and Paul N. Rowe, both of Indianapolis, Ind. (Baker, Daniels, Wallace & Seagle, of Indianapolis, Ind., of counsel), for appellee.

Before EVANS and MAJOR, Circuit Judges, and WILKERSON, District Judge.


These appeals are from orders denying petitions by which the trustee in bankruptcy sought to recover, as an asset of the estate, the interest of the bankrupt in an annuity contract purchased by him in 1925 from the Ætna Life Insurance Company.

The annuity contract recites:

1. That it is issued in consideration of the payment of a single payment of $19,954.

2. The insurance company agrees to pay $100 a month for 204 months. It also agrees that...

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