UNITED STATES SUPREME COURT DECISIONS ON-LINE

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 clubjuris

Page 228 U. S. 480

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.3d 5 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.