Legal Opinion

AETNA LIFE & CASUALTY COMPANY v. Charles S. Martin Distributing Company, Inc.

Court of Appeals of Georgia

Decided July 16, 1969No. 44560PublishedCited by 18 opinions

1Opinion of the Court

Felton, Chief Judge.

1. “ ‘Where to the policy of insurance there is attached in favor of the mortgagee what is known as the “New York standard mortgagee clause,” by the terms of which it is provided that the interest of the mortgagee shall not be invalidated by reason of any act or neglect on the part of the mortgagor, this agreement operates as a separate and distinct contract of insurance upon the mortgagee’s interest, and gives to the mortgagee such an independent status as might authorize a recovery by him on the policy even though the circumstances were such as would prevent a recovery…

2Cases cited4 opinions

  1. Arnold v. Empire Mutual Annuity & Life InsuranceCourt of Appeals of Georgia · 1908
  2. Southern States Fire & Casualty Insurance v. NapierCourt of Appeals of Georgia · 1918
  3. Employers' Fire Insurance v. Pennsylvania Millers Mutual InsuranceCourt of Appeals of Georgia · 1967
  4. Maril v. Connecticut Fire InsuranceSupreme Court of Georgia · 1895

3Cited by18 opinions

  1. Fortson v. Cotton States Mutual InsuranceCourt of Appeals of Georgia · 1983
  2. State Farm Mutual Automobile Insurance Co. v. StatonSupreme Court of Georgia · 2009
  3. Ranger Insurance Company v. Mrs. Miriam G. Culberson, as of the Estate of W. A. Culberson, Carol Brown MacLean as v. Miriam G. Culberson, as Administratrix, Defendant-Third Party v. Ranger Insurance Company, Third PartyCourt of Appeals for the Third Circuit · 1972
  4. Ranger Insurance v. CulbersonCourt of Appeals for the Fifth Circuit · 1971
  5. J. B. Kramer Grocery Company, Inc. v. Glens Falls Insurance CompanyCourt of Appeals for the Eighth Circuit · 1974

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