Hartford Fire Ins. Co. v. Jones

DENISON, Circuit Judge.

The insurance company, the defendant below, issued to the plaintiffs below a fire insurance policy, covering the furniture and fittings in plaintiffs’ hotel. In this suit, brought to recover a loss thereon, it developed that the insured property comprised- two lots of furniture; one lot 'had been purchased by the second predecessors of the insured in this hotel business for $2,300, and was incumbered by a title contract, equivalent to a purchase-money chattel mortgage, upon which $1,6Q0 was still unpaid, and which the insured had assumed and agreed to pay. The other lot…