National Ben Franklin Fire Insurance v. Hurley

The policy, which was originally issued to Willie Lou Hurley, became later, by an indorsement attached, a policy issued to both Willie Lou Hurley and her husband, John Hurley. It appears conclusively and without controversy from the evidence that an outstanding security deed to the property, made by both Willie Lou Hurley and John Hurley to the Washington Loan and Banking Company, was recognized in the policy by a loss-payable clause payable to this company, and that at the time of the issuance of the policy, and when the house was destroyed by fire, no one had any interest in the property…