Light v. Countrymen's Mutual Fire Insurance Co. of Lebanon Co.
Supreme Court of Pennsylvania
Appeal, No. 241, Jan. T., 1895, by plaintiff, from judgment of C. P. Lebanon Co., June T., 1893, No. 53, for defendant on point reserved non obstante veredicto. Summons assumpsit on policy of fire insurance.
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Appeal, No. 241, Jan. T., 1895, by plaintiff, from judgment of C. P. Lebanon Co., June T., 1893, No. 53, for defendant on point reserved non obstante veredicto. Summons assumpsit on policy of fire insurance. Before Meily, P. J. At the trial it appeared that Ezra H. Light, the plaintiff, was the owner of a barn situate in Swatara township, Lebanon county, insured in the defendant company for $400. In September, 1889, he contracted to sell inter alia the premises upon which the barn was erected to David H. Tice, and at the consummation of the sale took a judgment bond as part payment of…
1Opinion of the Court
Opinion by
Mr. Justice Green,
There is no doubt that when Light sold and conveyed the land on which the barn in question stood, he parted with all his title and, after that, he had no insurable interest in the barn. It is equally true that the mere holding of a judgment for part of the purchase money of the property sold, would not confer an insurable interest, and no recovery could be had on the policy for the protection of the judgment: Grevemeyer v. Southern Ins. Co., 62 Pa. 342.
The learned court below ruled the case finally on the proposition that the plaintiff had no insurable interest in…
2Cases cited2 opinions
- Mentz v. Lancaster Fire InsuranceSupreme Court of Pennsylvania · 1875
- Grevemeyer v. Southern Mutual Fire InsuranceSupreme Court of Pennsylvania · 1869
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- Lawrence B. And Harriet F. Vogel v. Northern Assurance Company, Limited, and Mount Joy Mutual Insurance Company (Two Cases)Court of Appeals for the Third Circuit · 1955
- Levinton v. Ohio Farmers InsuranceSupreme Court of Pennsylvania · 1920
- Great Northern Life Ins. Co. v. ColeSupreme Court of Oklahoma · 1952
- Thomas v. Employers Liability Assurance Corp. Ltd. of LondonSupreme Court of Pennsylvania · 1925
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