Lankhorst v. Union Fire Insurance

Plaintiff was the owner of an alleged unoccupied moving-picture theater in Hawarden, Iowa. On January 4, 1944, the theater and its contents were destroyed by ñre. Plaintiff brought suit against the defendant insurance company upon a fire-insurance policy insuring the furniture and fixtures for one year against loss by fire in the sum of $1,000 and the contents of the motion-picture booths in the sum of $1,500. The petition set forth a copy of the policy dated March 23, 1943. The policy contained a clause (IV. c.) to the effect that, unless otherwise provided by agreement, the policy would be…