HISCOCK V. MERTENS, 205 U. S. 202 (1907)

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U.S. Supreme Court

Hiscock v. Mertens, 205 U.S. 202 (1907)

Hiscock v. Mertens

No. 209

Argued February 27, 1907

Decided March 25, 1907

205 U.S. 202


The provisions in § 70a of the Bankruptcy Act of 1898 that a bankrupt having policies of life insurance payable to himself and which have a cash surrender value may pay the trustee such value and thereafter hold the policies free from the claims of creditors are not confined to policies in which the cash surrender value is expressly stated, but permit the redemption by the bankrupt of policies having a cash surrender value by the concession or practice of the company issuing the same.

The facts are stated in the opinion.

Page 205 U. S. 205

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