Goldman v. Moses Et Al‪.‬

LUMMUS, Justice. The plaintiff, a judgment creditor of the defendant Jennie Moses and her deceased husband Kalman Moses, brings this bill to reach and apply to the payment of the judgment the proceeds of a policy of life insurance on the life of Kalman Moses which was originally payable to Jennie Moses as beneficiary, but which was assigned by Kalman Moses, the insured, to the defendant Lottie Jacobson, the married daughter of Kalman and Jennie Moses, on March 8, 1927, at a time when the insured was insolvent, with intent to prevent the plaintiff from reaching the policy or its proceeds. The only consideration given by Lottie Jacobson was her promise to take care of her father and mother generally, and particularly to take care of her mother, out of the proceeds of the policy, after the death of her father. The insurance company admitted liability, paid into court the amount of the policy, which is less than the amount of the judgment, and was dismissed from the case.