Legal Opinion

Aetna Insurance v. O. E. Woods Lumber Co.

Supreme Court of Oklahoma

Decided February 8, 1938No. 27234PublishedCited by 5 opinions

1Opinion of the CourtHurst, J.

This is an action on a fire insurance policy covering property owned by Wallace Reavis, originally in the amount of $1,200, which was later reduced to $1,000. The' property in question was built by Reavis, who insured the same with the defendant on September 14, 1929. In November, 1931, N. Rice purchased the property and executed three promissory notes secured by a mortgage on said premises to the plaintiff, O. E. Woods Lumber Company. At the time of this conveyance Rice became assignee and holder of the insurance policy, to which was attached a clause styled “loss payable clause,” which…

2Cases cited5 opinions

  1. National Fire Insurance v. Finerty Inv. Co.Supreme Court of Oklahoma · 1934
  2. Fidelity-Phenix Fire Ins. Co. v. ClevelandSupreme Court of Oklahoma · 1916
  3. National Fire Ins. v. Dallas Joint Stock Land BankSupreme Court of Oklahoma · 1935
  4. Connecticut Fire Ins. Co. v. WilliamsSupreme Court of Oklahoma · 1927
  5. New York Underwriters v. DensonSupreme Court of Oklahoma · 1924

3Cited by5 opinions

  1. Loram Maintenance of Way, Inc. v. Consolidated Rail Corp.Court of Appeals of Minnesota · 1984
  2. Wilson v. GlancySupreme Court of Oklahoma · 1996
  3. Aetna Ins. v. RallsSupreme Court of Oklahoma · 1948
  4. Miller v. St. Paul Fire & Marine InsuranceDistrict Court, W.D. Oklahoma · 1979
  5. Wilson v. GlancySupreme Court of Oklahoma · 1996

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