WISDOM, Circuit Judge.
In 1947 and 1948 George Stevens purchased insurance policies from the Equitable Life Assurance Society, totaling $55,000. He designated the beneficiary as his "wife, Louella H. Stevens". In 1951 the insured was adjudged insane. In 1952 he was adjudged sane. Stevens then executed a change of beneficiaries, designating as the primary beneficiary, his wife, Louella Stevens, and as contingent beneficiaries the two minor daughters of his marriage...
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