Legal Opinion

Carey v. Commonwealth Building & Loan Ass'n

Supreme Court of Louisiana

Decided March 31, 1919No. 22019PublishedCited by 11 opinions

Appeal from Civil District Court, Parish of Orleans; E. K. Skinner, Judge. Action by Walter T. Carey against the Commonwealth Building & Loan Association. Prom a judgment for plaintiff, the liquidators -of defendant company appeal.

1Opinion of the CourtO’Niell, J.

The defendant in this suit foreclosed a mortgage on plaintiff’s residence for $3,900 and accrued interest. The act of mortgage contained the following stipulation, viz.:

“The purchaser has agreed to keep the buildings and improvements now standing or hereafter to be erected on the said property constantly insured against loss by fire in some good and solvent insurance company in this parish up to their full value and until the payment in full of the aforesaid note, making the loss covered by said policy payable to the vendor herein as its interests may appear, and to deliver said policy of…

2Cited by11 opinions

Metropolitan Life Ins. Co. v. MundyLouisiana Court of Appeal · 1936
Zurich Insurance Co. v. Grain Dealers Mutual Ins. Co.Louisiana Court of Appeal · 1964
Jung v. GwinSupreme Court of Louisiana · 1932
Pennsylvania Casualty Co. v. BrooksLouisiana Court of Appeal · 1945
Common School District No. 18 v. Twin Falls Bank & Trust Co.Idaho Supreme Court · 1932

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