Andrews v. Partridge - 228 U.S. 479 (1913)
U.S. Supreme Court
Andrews v. Partridge, 228 U.S. 479 (1913)
Andrews v. Partridge
Argued March 13, 1913
Decided April 28, 1913
228 U.S. 479
Burlingham v. Crouse, ante, p. 229 U. S. 459, and Everett v. Judson, ante, p. 229 U. S. 474, followed to effect that, under § 70a of the Bankruptcy Act, the trustee is only entitled to the cash surrender value of insurance policies on the life of the bankrupt at the time of the filing of the petition, and that the bankrupt or his representative is entitled to the balance of
the value thereof, and that the subsequent death of the bankrupt had no effect on this division even though it occurred before adjudication.
191 F. 325 reversed.
The facts, which involve the construction of § 70a of the Bankruptcy Act and the ownership of policies of insurance on the life of a bankrupt, are stated in the opinion.