Hodges v. Planters & Peoples Mutual Fire Ass'n

1. Of two inconsistent clauses appearing in the body of an 'insurance policy, the one more favorable to the insured will be adopted. Where a clause in a policy of fire insurance provides that “if, at any time, there shall be a change of title or ownership of the within described property, the obligation of the insured and the asso*204ciation shall cease,” and another clause further on in the policy provides that if the insured “shall mortgage or deed his . . property to secure a debt or to obtain money, the said policy shall be cancelled by the president of this association unless the secretary…