Reilley v. Buffalo German Insurance

Plaintiff was appointed receiver in bankruptcy of the corporation Joseph Metz & Sons Company, on the 16th day of July, 1913. As such receiver, be insured certain buildings situate on the property of the corporation against loss or damage by fire. On July 30, 1913, a loss by fire occurred. Later in the *70same day Joseph Metz & Sons Company was duly adjudged a bankrupt. On September 10, 1913, plaintiff was appointed and qualified as trustee in bankruptcy thereof. The defendants are holders of mortgages which are liens upon the property insured. Each mortgage contains the usual insurance clause.…