British America Assur. Co. v. Mid-Continent Life Ins. Co.

Appellees, Mid-Continent Bife Insurance Company and A. A. Maupin, brought this suit against appellants, British America Assurance Company and Continental Insurance Company, alleging that Mau-pin was the owner of a residence upon which the Mid-Continent Life Insurance Company held a mortgage in the sum of $4,500. On January 7, 1927, the British America Assurance Company issued its fire insurance policy for $4,000 covering said residence; and on April 23, 1927, Maupin procured from the Continental Insurance Company of New York an insurance policy in the sum of $4,000 covering the same building.…