Hartford Fire Ins. v. Davenport

The defendants in error brought suit upon a policy of insurance issued to one Headly and' on the face of it appearing to be for different sums on five distinct buildings and upon furniture and other personal property also, the aggregate sums insured amounting to $2,500. The policy contained the following clause: “Payable in event of loss to the property on said farm premises to the executors of the estate of Ira Davenport as mortgagees, as their interest may appear.” The mortgage was for $2,000 on real estate.

There was a condition which declared that “ if the premises hereby insured shall…