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HUDSON v. JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY

No. 17009.

314 F.2d 16 (1963)

Edward M. HUDSON, Twyman Dew, and Chester L. Williams, on Behalf of Themselves, and Members of Class or Classes Represented by Them, Appellants, v. JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY and Capitol Transit Company, Appellees.

United States Court of Appeals Eighth Circuit.

February 28, 1963.

Attorney(s) appearing for the Case

James E. Youngdahl, Little Rock, Ark., and Eugene F. Mooney, Jr., University of Arkansas, Fayetteville, Ark., for appellants. McMath, Leatherman, Woods & Youngdahl, Little Rock, Ark., were with them on the brief.

Bruce T. Bullion, Little Rock, Ark., for appellee Capitol Transit Co.

William M. Clark, Little Rock, Ark., for appellee John Hancock Mut. Life Ins. Co.

Before SANBORN and BLACKMUN, Circuit Judges, and REGISTER, District Judge.

BLACKMUN, Circuit Judge.

This diversity suit, in the nature of interpleader, is a controversy over the disposition of approximately $185,000 in credits on the books of a mutual insurance company which issued a contributory group annuity contract to an employer whose active business has now ceased. Jurisdiction is established. The opposing claimants to the credits are, on the one hand, the employer and, on the other, its former...

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