Goldstein v. National Liberty Insurance Co. of America

This is an action on a policy of fire insurance brought by plaintiff as mortgagee under a standard mortgagee clause, of real property in Nassau county, to recover for a fire loss thereon. The title to the premises was in the individual “Abraham B. Schlowsky.” The insurance policy insured the corporation “A. B. Schlowsky, Inc.,” although the individual was the owner of the corporate stock. The buildings were described in the policy as “ in courge of construction.” The insurer defends on the ground of breach of warranty (1) in that the interest of the insured was other than that of…