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FIRST NAT. BANK OF GIBSLAND, LA. v. BAKER

No. 2472.

16 F.Supp. 869 (1936)

FIRST NAT. BANK OF GIBSLAND, LA., v. BAKER (MUTUAL LIFE INS. CO., Intervener).

District Court, W. D. Louisiana, Shreveport Division.

August 25, 1936.

Attorney(s) appearing for the Case

Drew & Richardson, of Minden, La., for plaintiff.

J. Rush Wimberly, of Arcadia, La., for defendant.

J. G. Cowles, of Shreveport, La., and Montgomery & Montgomery, of New Orleans, La., for intervener.

DAWKINS, District Judge.

This suit was instituted by the First National Bank of Gibsland, in liquidation, against the succession of Wimberly Baker, claiming a lien and privilege as pledgee upon the proceeds of two policies on the life of Baker. The Mutual Life Insurance Company of New York intervened, admitting its liability upon the policies for the full amount thereof, less certain loans, and deposited the net proceeds in the registry of the court. The insurance...

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