Smith v. Royal Ins. Co.

HEALY, Circuit Judge.

The suit is on a valued policy of fire insurance upon a leasehold interest of appellant in property located in Belvedere, California. The case was here on two prior occasions. 77 F.2d 157; 93 F.2d 143. On the first appeal a judgment in favor of appellant was reversed on the ground that a stipulation contained in a deed from the Belvedere Land Company to the Town of Belvedere, solely relied on in the complaint, did not of itself dis close an insurable interest in appellant. On the second appeal a judgment in favor of the insurance company, entered on demurrer to…