Ward v. Continental Ins. Corporation

RILEY, O. J.

On or about November, 1622, B. O. Jaggers, being the owner of certain lands in Major countv, mortgaged the same to the Interstate Mortgage Company. Thereafter, about April, 1924, the Continental Eire Insurance' Company of New York issued its standard form fire and tornado insurance policy to said B. C. Jaggers, insuring certain buildings on said land against loss by fire, etc., for the term of five years. The premiums were payable in equal annual installments due May 1st of each year.

The policy contained a mortgage clause providing that loss or damage, if any, should be payable to…