Cole v. Iowa State (Mutual) Insurance

Faville, C. J.-

One Gade was the owner of a stock of hardware located in the city of Eagle Grove. His trustee in bankruptcy has been substituted as appellant in this cause. Gade procured $11,000 insurance on said stock of hardware. This amount was distributed among the four insurance companies who are ap-pellees in this case. The stock was destroyed by fire. It was agreed by the parties that the amount of loss suffered by Gade was $7,569.98. The four appellees have paid a portion of said loss. The suit is brought to recover the balance of the insurance claimed to be due from the said four…