Reid v. Hardware Mutual Insurance Insurance Co. of the Carolinas, Inc.

Moss, Chief Justice.

Hardware Mutual Insurance Company of the Carolinas, Inc., the appellant herein, on May 22, 1964, issued a fire insurance policy to Zelphia H. Reid and W. C. Reid, in the amount of $5,000.00, insuring against loss or damage by fire, for a five year period, a one story frame dwelling located in Conestee, South Carolina, owned by Zelphia H. Reid, the respondent herein, with a mortgage clause payable to the Peoples National Bank of Greenville, South Carolina, as trustee for the Pickens Mill Profit Sharing Fund, which held a first mortgage on the lot on which the insured…