Jackson National Life Insurance Company v. Presley et al

Filing 6

ORDER granting 3 Motion for Interpleader Deposit (28 U.S.C. Section 1335). Authorized deposit in the amount of $35,133.93. Signed by Senior Judge Graham Mullen on 10/4/2017. (nvc)

THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
STATESVILLE DIVISION
Civil Action No: 5:17-CV-00172-GCM
JACKSON NATIONAL LIFE
INSURANCE COMPANY,
Plaintiff in Interpleader,
v.
MICHAEL D. PRESLEY and
HOLLY S. PRESLEY,
Defendants and Claimants
in Interpleader.

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ORDER
Plaintiff JACKSON NATIONAL LIFE INSURANCE COMPANY (“Jackson
Life”), filed a Motion to Deposit Funds [D.E. 3], seeking leave of the Court
permitting Jackson Life to deposit death benefit proceeds ($35,133.93 as of
September 28, 2017; the proceeds are subject to market fluctuation and thus, the
amount deposited may vary) into the Registry of the Court, payable by reason of the
death of David A. Presley under a variable annuity contract with death benefit
available, bearing a policy number which ends in -2338 (the “Policy”).

Finding good cause to grant the Motion, IT IS ORDERED THAT THE Clerk
of this Court shall accept Plaintiff’s check in the amount of the death benefit
proceeds (currently valued at $35,133.93 as of September 28, 2017) into the Registry
of the Court for ultimate disposition by Order of the Court in the above-referenced
action.
Signed: October 4, 2017