Ætna Insurance v. Griffin

To make clear the foregoing ruling it is only necessary to add the following statement of facts: On May 16, 1914, the ¿Etna Insurance Company issued to Mrs. Ella Harris a fire-insurance policy for $3,500, $2,500 of which was on the dwelling, $500 on out-houses, and $500 on furniture. On March *77520, 1912, Mrs. Harris obtained a loan for $4,000 from George M. Forman, and, as security, pledged to Forman the land upon which said buildings stood, and which is in Worth county, Georgia. To the insurance policy was attached a “New York standard mortgagee clause,” in which occurs the following: “ Loss or…