#### Continental National Bank & Trust Company, as conservator of Joseph L. Spilky, incompetent, appellee, v. New York Life Insurance Company, appellant.

Gen. No. 34,057.

Opinion filed May 29, 1930.

Hamlin, Topliff & Cooper and Louis H. Cooke, for appellant; Homer H. Cooper and Wendell J. Brown, of counsel. A. F. W. Siebel, for appellee.

Mr. Justice Gridley

delivered the opinion of the court.