Foster v. Illinois Travelers Home, Insurance Co. of Chicago

On May 11, 1926, complainant, Foster, made a loan of $6500 to Oliveri, which was secured by a deed of .trust on a frame store building located on the corner of Lyceum and G-rand Opera Streets, near the City of Memphis.

About July 2, 1926-, Foster applied to Cleveland & Hughes, insurance agents and brokers, in the City of Memphis, for insurance on said building, and on said day Hughes, accompanied by Foster, made a personal in*438spection of said property. Foster disclosed to Hughes tlie true state of title to said property. Hughes advised Foster “that he was insured.”

On July 5, 1926', Foster left…