Standard Grocery Co. v. National Fire Insurance

The chancellor entered a decree on a fire policy in favor of complainant for $1062.50'. His decree was affirmed by the Court of Appeals. The defenses are:

1. That the policy did not insure complainant.

2. That the interest of the insured was not truly stated in the policy.

3. Change of ownership, prior to the fire.

The policy was issued in favor of ‘ ‘ Carter Grocery Co., G. G. Long and A. J. Stanberry, Props.”

The facts are that the Standard Grocery Company is a corporation engaged in the wholesale grocery business at Elizabethton. It decided to open a branch house in the same ‘city, using the…