Appellate Division of the Supreme Court of the State of New York March 25, 1965 (Bankers Trust Co. v. Equitable Life Assurance Society)

lead-opinion

Bastow, J.

This appeal requires determination of the priority of the claims of plaintiff, Bankers Trust Company (Bankers), and the plaintiff-in-intervention, United States of America (Government), to the cash surrender value of certain life insurance policies on the life of one Fynke, a defendant-in-intervention.