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FEDERAL NAT. BANK OF SHAWNEE, OKL. v. N. Y. LIFE INS. CO.

Civil Action No. 977.

57 F.Supp. 924 (1944)

FEDERAL NAT. BANK OF SHAWNEE, OKL., v. NEW YORK LIFE INS. CO.

District Court, W. D. Oklahoma.

November 11, 1944.

Attorney(s) appearing for the Case

Mark Goode and John Goode, both of Shawnee, Okl., for plaintiff.

Geo. C. Abernathy, of Shawnee, Okl., and V. P. Crowe (of Embry, Johnson, Crowe, Tolbert & Shelton), of Oklahoma City, Okl., for defendant.

VAUGHT, District Judge.

The plaintiff brings this action to recover, for its ward, Minnie O. Cammack, on an insurance policy issued by the defendant on January 10, 1928, on the life of Allen J. Cammack, in which its ward is named as beneficiary.

The policy of insurance is what is known as a 15 year endowment policy and under its terms would mature on January 10, 1943. It contained the following provisions pertinent to the propositions raised:

"Assignment...

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