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" ... the cash surrender value has been ascertained and stated to the trustee by the company issuing the same, pay or secure to the trustee the sum so ascertained and stated, and continue to hold, own and carry such policy free from the claims of the creditors... "
The Central Law Journal - Side 83
1900
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Life Insurance: A Textbook (rev. and Enl.)

Solomon Stephen Huebner - 1923 - 496 sider
...trustee the sums so ascertained and stated and continue to hold, own and carry such policy free from the claims of the creditors participating in the distribution...otherwise the policy shall pass to the trustee as assets." In Clark v. Equitable Life Assurance Society (143 Fed. 175) the court held that: "Policies of life...
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The Law and Practice in Bankruptcy Under the National Bankruptcy ..., Volum 2

William Miller Collier - 1923 - 4119 sider
...and carry such policy free from the claims of the creditors participating in the distribution of the estate under the bankruptcy proceedings, otherwise the policy shall pass to the trustee as assets. ' ' This proviso was doubtless inserted to prevent the hardship which might result to beneficiaries...
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The Federal Reporter: With Key-number Annotations ..., Volum 296

1924
...of life insurance, payable to himself, his estate, or personal representative, free from claims of creditors participating in the distribution of his estate under the bankruptcy proceedings. It will be observed that under section 70a5 there is no provision for an exemption of life insurance...
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The Insurance Law Journal: Reports of All Decisions ..., Volum 35;Volum 55

1920
...own, and carry such policy free from the claims of the creditors participating in the d'stribution of his estate under the bankruptcy proceedings, otherwise the policy shall pass to the trustee as assets ; and (6) rights of action arising upon contracts or from the unlawful taking or detention of, or injury...
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The Lehigh County Law Journal, Volum 7

1918
...trustee the sum so ascertained and stated, and continue to hold, own and carry such policy free from the claims of the creditors participating in the distribution...otherwise the policy shall pass to the trustee as assets." I fail to find in the policy any provision for a cash surrender value payable to the insured, his estate,...
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Reports of Civil and Criminal Cases Decided by the Court ..., Volum 20;Volum 127

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1909
...sum so ascertained and stated, and continue to hold, own and earn' such policy free from the claims participating in the distribution of his estate under...otherwise the policy shall pass to the trustee as assets." Construing this proviso in Holden v. Stratton, 198 US 213, 25 Sup. Ct. 659, 49 L. Ed. 1018, the court...
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United States Supreme Court Reports, Volumer 245-247

United States. Supreme Court - 1918
...trustee the sum so ascertained and stated, and continue to hold, own, and carry such policy free from the claims of the creditors participating in the distribution...otherwise the policy shall pass to the trustee as assets : *> Regarding the section in its entirety there would seem to be no difficulty in its interpretation,...
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The Bankruptcy Act Enacted July 2, 1898: As Amended Through May 1, 1957

United States, John Hanna, James Angell MacLachlan - 1957 - 463 sider
...trustee the sum so ascertained and stated, and continue to hold, own, and carry such policy free from the claims of the creditors participating in the distribution...otherwise the policy shall pass to the trustee as assets; (6) rights of action arising upon contracts, or usury, or the unlawful taking or detention of or injury...
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Cases Argued and Decided in the Supreme Court of Mississippi ..., Volum 98

Mississippi. Supreme Court, Thomas Alexander Marshall, William C. Smedes, Volney Erskine Howard, Robert John Walker, John Franklin Cushman, James Zachariah George - 1912
...the sum so ascertained and stated, and continue to hold, own, and carry such policy, free from the claims of the creditors participating in the distribution of his estate under the bankruptcy proceedings," was held in the case of Hold en v. Strdtton, 198 lL S. 202, 25 Snp. Ct. 656, 49 L. Ed. 1018, to have...
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The Cornell Law Quarterly, Volum 3

1918
...sum so ascertained and stated, and continue to hold, own and carry such policy free from the claim's of the creditors participating in the distribution...otherwise the policy shall pass to the trustee as assets * * * ". A cursory reading provokes instant query whether the trustee takes by virtue of the proviso...
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