CHAPLIN v. MERCHANTS NATIONAL BANK OF AURORA, ILL.

No. 57 C 876.

186 F.Supp. 273 (1959)

Elizabeth Waldo CHAPLIN v. MERCHANTS NATIONAL BANK OF AURORA, ILLINOIS, a National Banking Corporation, and J. E. Brunnemeyer, as Trustees under the Last Will and Testament of W. Ratcliffe Waldo, Deceased.

United States District Court N. D. Illinois, E. D.

January 26, 1959.


Attorney(s) appearing for the Case

Richard C. Hamper, Aurora, Ill., for plaintiff.

William F. Morrissey, Chicago, Ill., H. L. Beamish, Aurora, Ill., for defendants.


LA BUY, District Judge.

The parties have stipulated the facts in the above cause.

The sole question to be decided is whether the plaintiff, named beneficiary in certain life insurance policies of decedent and joint owner of certain stocks which had been pledged as collateral with consent of the plaintiff to secure a loan of decedent, is entitled to recover the amount thereof from the trustees of the testamentary trust. After cashing the said policies and stock...

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