Nobbe v. Equity Fire Insurance Co.

Stone, Justice.

Defendant Equity Fire Insurance Company (hereinafter mentioned as Equity), admitting its liability in the sum of $2,500 under a policy of fire insurance, paid that sum into court. The one issue is whether plaintiffs (owner of the insured real estate and her assignee) are entitled to the proceeds of the Equity policy or whether Safeguard Insurance Company (hereinafter mentioned as Safeguard) should share therein as decided below and later to be discussed. At the outset Equity was the only defendant. Promptly after commencement of this action, W. C. Stanton Lumber Company…