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GUARANTEE RESERVE LIFE INSURANCE CO. v. HARDIN

No. 72-795-D.

404 F.Supp. 961 (1974)

GUARANTEE RESERVE LIFE INSURANCE COMPANY, Plaintiff, v. June D. HARDIN and World Market Centers, Inc., Defendants.

United States District Court, W. D. Oklahoma, Civil Division.

June 25, 1974.

Attorney(s) appearing for the Case

Clyde A. Muchmore, Oklahoma City, Okl., for plaintiff.

Gene A. Castleberry, Oklahoma City, Okl., William O. Callaway, Jr., Ft. Worth, Tex., for defendants.

MEMORANDUM OPINION

DAUGHERTY, Chief Judge.

Plaintiff has interplead $100,000.00, the benefits of a life insurance policy it issued on the life of Milton Hardin (Hardin) as the insured. Hardin was the named owner of the policy. His wife, Defendent June D. Hardin, was the named beneficiary. Hardin became an employee, director and officer of World Market Centers, Inc. (WMC) in March, 1971. On October 26, 1971 the above policy was issued by Plaintiff. The first...

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