Hennessey v. Helgason

John A. Hennessey, doing business under the name and style of “P. L. Hennessey & Brother,” and .conducting an insurance agency, brought suit against Julia Ellen Helgason, Mattie H. J ohnson, W. I. McKay, trustee, and C. W. Thigpen, trustee, and the First National Bank & Trust Company, for certain premiums of insurance on property mortgaged to T. A. Helgason and to Mattie H. J ohnson. T. A. Helgason, the mortgagee in the first deed of trust, died, and Julia Ellen Helgason succeeded to his rights. The mortgages contained clauses requiring the owners to insure the property for the benefit of the…