Northern Assur. Co. v. Herd

Appellee, Ed Herd, sold a house and lot in Cleburne to J. A. Nee and wife for $1,500, $100 cash and $1,400 as evidenced by vendor’s lien notes. J. A. Nee took out a policy of fire insurance in appellant company on said house for $1,200, with a loss clause making said policy payable to ap-pellee as his interests may appear. Said property was destroyed by fire, and said policy of insurance duly transferred to appellee, Herd, who brought this suit against J. A. Nee and wife for judgment and foreclosure on the vendor’s lien notes, and against appellant, the Northern Assurance Company, Limited, to…