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SEITZ, ADMRX. v. SEITZ

No. 41385.

238 Miss. 296 (1960)

118 So.2d 351

SEITZ, ADMRX. v. SEITZ.

Supreme Court of Mississippi.

March 7, 1960.

Attorney(s) appearing for the Case

Martin & Brown, Macon; Ethridge, Minniece & Bourdeaux, Meridian, for appellant.

Walker & Thompson, Starkville, for appellee.

ETHRIDGE, J.

(Hn 1) This case involves the question of whether the beneficiary of life insurance policies, which the insured pledged to a bank as collateral security for a debt, has the right to pay the pledge of insured after his death, and to be subrogated to the pledgee's claim against the insured's estate for the amount paid to pledgee by the beneficiary. We hold that, under the circumstances presented,...

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