Northern Assurance Co. v. Chicago Mutual Building & Loan Ass'n
Illinois Supreme Court
Appeal from the Appellate Court for the First District; — heard in that court on appeal from the Superior ' Court of Cook county; the Hon. Theodore Brentano, Judge, presiding.
1Opinion of the CourtJustice Boggs
On December 5, 1895, one R. E. Taylor borrowed $2800 from the appellee association, and secured the payment thereof by a mortgage on certain premises whereon stood a frame dwelling house. The appellant company issued a policy to Taylor insuring the building against loss or damage by fire to the amount of §1400, for the term of three years, and attached thereto a clause which, so far as here important to be considered, is as follows: “Loss, if any, payable to the Chicago Mutual Building and Loan Association, mortgagee or trustee, as hereinafter provided; it being hereby understood and agreed…
2Cases cited3 opinions
- German Insurance Co. of Freeport v. GibeIllinois Supreme Court · 1896
- Venable v. ThompsonSupreme Court of Alabama · 1847
- Silsbury v. BlumbIllinois Supreme Court · 1861
3Cited by14 opinions
- Hulke v. International Manufacturing Co.Appellate Court of Illinois · 1957
- Heilbrunn v. German Alliance InsuranceAppellate Division of the Supreme Court of the State of New York · 1910
- In Re Vic Supply Company, Inc., Debtor. Falconbridge U.S., Inc. v. Bank One Illinois, N.A.Court of Appeals for the Seventh Circuit · 2000
- H. F. Shepherdson Co. v. Central Fire Insurance Co.Supreme Court of Minnesota · 1945
- Rittenhouse v. Tabor Grain Co.Appellate Court of Illinois · 1990
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