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NEW YORK LIFE INS. CO. v. FEDERAL NAT. BANK

No. 3147.

151 F.2d 537 (1945)

NEW YORK LIFE INS. CO. v. FEDERAL NAT. BANK OF SHAWNEE, OKL.

Circuit Court of Appeals, Tenth Circuit.

Rehearing Denied December 6, 1945.

Attorney(s) appearing for the Case

V. P. Crowe, of Oklahoma City, Okl. (Embry, Johnson, Crowe, Tolbert & Shelton, of Oklahoma City, Okl., and Ferdinand H. Pease, of New York City, on the brief), for appellant.

John L. Goode, of Shawnee, Okl. (Mark Goode and Goode & Goode, all of Shawnee, Okl., on the brief), for appellee.

Before PHILLIPS, BRATTON, and HUXMAN, Circuit Judges.

HUXMAN, Circuit Judge.

The New York Life Insurance Company1 issued its fifteen-year endowment insurance policy on the life of Allen J. Cammack in the sum of Ten Thousand Dollars. The policy was made payable to him if living on January 10, 1943, or to his wife, Minnie O. Cammack, if he died prior to that date. The policy gave Cammack the right to change the beneficiary and also the right to assign...

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