Girard Fire & Marine Ins. Co. v. Farmer

■ Tlie facts of this case are undisputed; hence only a question of law is involved. As shown by the record before us, one G. P. Collins owned certain property in the city of Dallas, Tex. Gaulding Mortgage Company held a mortgage or deed of trust on this property to secure the payment of an indebtedness in the principal sum of $2,500 owed by Collins. The mortgage in question required the owner to keep the improvements on the property-insured against loss by fire for the benefit of the holder as his interest might appear.

In obedience to his contract above, and for his own benefit as well,…