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COHN v. MALONE

No. 96.

248 U.S. 450 (1919)

39 S.Ct. 141

63 L.Ed. 352

COHN v. MALONE, TRUSTEE OF COHN, BANKRUPT.

Supreme Court of United States.

Decided January 13, 1919.

Attorney(s) appearing for the Case

Mr. J.R. Pottle, for petitioner, submitted. Mr. I.J. Hofmayer and Mr. J.W. Kieve were also on the brief.

Mr. Sam S. Bennet, with whom Mr. John D. Pope, Mr. H.A. Peacock and Mr. Charles Akerman were on the brief, for respondent.

MR. JUSTICE McREYNOLDS delivered the opinion of the court.

In 1902 and 1905 the bankrupt took out two policies on his life in the Penn Mutual Life Insurance Company, loss under one payable to his "executors, administrators or assigns," under the other to his sister and brother with full power in the assured "while this policy is in force and not previously assigned, to change the present beneficiary or beneficiaries." By formal written instruments dated July 15, 1910...

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