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BANK OF MINDEN v. CLEMENT

No. 238.

256 U.S. 126 (1921)

41 S.Ct. 408

65 L.Ed. 857

BANK OF MINDEN ET AL. v. CLEMENT, ADMINISTRATRIX OF CLEMENT.

Supreme Court of United States.

Decided April 11, 1921.

Attorney(s) appearing for the Case

Mr. Hampden Story, Mr. J.S. Atkinson and Mr. Robert Roberts for plaintiffs in error.

Mr. J.D. Wilkinson for defendant in error. Mr. L.K. Watkins was also on the brief.

MR. JUSTICE McREYNOLDS delivered the opinion of the court.

By Act No. 189 of 1914, the Louisiana Legislature undertook to exempt from debts of the assured the avails of insurance upon his life when payable to his estate.

Before passage of that act and while indebted to plaintiffs in error banks by notes which were renewed from time to time until his death, O.P. Clement took out two policies upon his life with loss payable to his executors, administrators or...

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