Home Ins. Co. v. Citizens Bank

One Jackson was indebted to appellee in the sum of $1,150 secured by a mortgage on certain real estate, represented by the mortgagor to be no part of his home stead and so recited in the mortgage. There was a dwelling house on the mortgaged property which was insured by appellant against fire in the sum of $950. On this insurance policy there was the standard mortgage clause in favor of appellee. There was a fire loss under said policy, upon which occurrence appellee demanded of appellant the payment to appellee of the amount of the policy. Instead of this, appellant insurance company elected…