Opinion of the Court. SMITH v. INTERSTATE COMMERCE COM MISSION. APPEAL FROM THE SUPREME COURT OF THE DISTRICT OF COLUMBIA. No. 339. Argued October 3, 1917. Decided November 5, 1917. Decided on the authority of Smith v. Interstate Commerce Commission, ante, 33. Affirmed. The case is stated in the opinion. Mr. Edward S. Jouett, with whom Mr. Helm Bruce and Mr. Henry L. Stone were on the brief, for appellant. Mr. Joseph W. Folk for the Interstate Commerce Commission, submitted. MR. JUSTICE MCKENNA delivered the opinion of the court. This case was heard with No. 337, just decided, ante, 33. Like the latter case it was based on a proceeding brought by the Interstate Commerce Commission in the Supreme Court of the District of Columbia to enforce answers to certain questions asked of appellant by the Commission and which he refused to answer upon the advice of counsel. The petition and reply thereto are the same as in No. 337 and present for decision the same propositions. The court entered an order requiring appellant to answer questions to the following effect: 1st. Whether he had personal knowledge of funds of the Louisville & Nashville Railroad used for political campaign purposes in the State of Tennessee and charged on the books of the carrier to operating expenses or construction account; and, 2nd, whether he had personal knowledge of funds of the Louisville & Nashville Railroad used for campaign purposes in the State of Kentucky and charged on the books of the carrier to construction account or operating expenses. It will be observed that the questions are limited, as some of the questions in No. 337 were, to the allocation upon the books of the company of the funds expended, if any. They are within the reasoning of the opinion in No. 337, and on the authority of that case the order is Affirmed. JONES v. INTERSTATE COMMERCE COM MISSION. APPEAL FROM THE SUPREME COURT OF THE DISTRICT OF COLUMBIA. No. 340. Argued October 3, 1917.-Decided November 5, 1917. Decided on the authority of Smith v. Interstate Commerce Commission, ante, 33. Affirmed. THE case is stated in the opinion. Mr. Edward S. Jouett, with whom Mr. Helm Bruce and Mr. Henry L. Stone were on the brief, for appellant. Mr. Joseph W. Folk for the Interstate Commerce Commission, submitted. MR. JUSTICE MCKENNA delivered the opinion of the court. This case was submitted with Nos. 337 and 339, ante, 33 and 47. Like them it is a proceeding to compel appellant to 48. Opinion of the Court. answer certain questions asked him by the Interstate Commerce Commission. It was based on a petition like the petitions in those cases to which there was a like reply. The court entered an order requiring appellant to answer the following questions asked by counsel for the Commission: "I will ask you if you distributed in the State of Alabama on behalf of the Louisville & Nashville Railroad, campaign funds favoring the election of a certain candidate? "I show you Ledger H, folio 454, from the records of the Louisville & Nashville Railroad, showing certain vouchers sent you in Alabama for various amounts, and will ask you how you expended the money represented by these vouchers, taking the first voucher as a beginning. "I will ask you whether or not you have personal knowledge of funds of the Louisville & Nashville Railroad and of the Nashville, Chattanooga & St. Louis Railway used to the extent of thousands of dollars for political campaign purposes in the State of Alabama. "I will ask you do you know of any campaign funds being expended by the Louisville & Nashville Railroad and the Nashville, Chattanooga & St. Louis Railway in the State of Alabama through any attorney under a subterfuge of paying the attorney a bill for professional services? "Do you know of any funds of the Louisville & Nashville Railroad expended in the State of Alabama for political purposes and charged on the books of the carrier to operating expense? "I will ask you if you know of any funds of the Louisville & Nashville Railroad or the Nashville, Chattanooga & St. Louis Railway expended in the State of Alabama for political purposes and charged on the books of these carriers or on the books of either carrier to construction? "I will ask you if you have any knowledge of funds of the Louisville & Nashville Railroad or the Nashville, Chattanooga & St. Louis Railway used for political campaign purposes in the State of Tennessee? "Do you know of any funds of the Louisville & Nashville Railroad expended in the State of Tennessee for political campaign purposes and charged on the books of that carrier to operating expense or construction account?" The questions are similar to those passed on in the other two cases, and the order is 764 Afirmed. COHEN, TRUSTEE IN BANKRUPTCY OF SAMUELS, v. SAMUELS. CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. No. 359. Argued October 17, 1917.—Decided November 5, 1917. A policy of insurance held by a bankrupt, which has a cash surrender value at the time of the adjudication, becomes an asset, to the extent of such value, in the trustee, under § 70-a of the Bankruptcy Act, even when the policy is payable to a beneficiary other than the bankrupt, his estate or personal representatives, if the bankrupt has reserved absolute power to change the beneficiary. 237 Fed. Rep. 796, reversed. THE case is stated in the opinion. Mr. Lawrence B. Cohen, with whom Mr. Adolph Boskowitz was on the briefs, for petitioner. Mr. Samuel Sturtz for respondent. 50. Opinion of the Court. MR. JUSTICE MCKENNA delivered the opinion of the court. On May 13, 1915, Elias W. Samuels filed a voluntary petition in bankruptcy and was adjudicated a bankrupt. On the same day Cohen, petitioner herein, was duly elected his trustee. Samuels at the time of the adjudication held five life insurance policies in various life insurance companies. On September 16, 1915, Cohen made motions before the referee in bankruptcy to require Samuels to deliver to him, Cohen, the policies or pay to him the cash surrender value of them as of the date of the adjudication. The motions were denied. Subsequently Cohen filed petitions to review the rulings of the referee as to three of the policies, which petitions `came on for hearing before the United States District Court for the Southern District of New York February 14, 1916. The policies were respectively for the sums of $3,000, $3,000 and $1,000 and had respectively a cash surrender value of $193.85, $753, subject to a deduction of a loan of $555 and interest, and $396. The policies were payable to certain relatives of Samuels as beneficiaries and it was provided in each that Samuels reserved the absolute right to change the beneficiary without the latter's consent. The District Court affirmed the orders of the referee, following what the court conceived to be the ruling in In re Hammel & Co., 221 Fed. Rep. 56. Cohen petitioned the Circuit Court of Appeals to revise the ruling of the District Court as provided in § 24-b of the Bankruptcy Act and for such other and further relief as might be proper. The Circuit Court of Appeals affirmed the ruling of the District Court, one judge dissenting. 237 Fed. Rep. 796. The facts are not in dispute. The policies had a cash surrender value at the time Samuels was adjudicated a |