Gatlin v. Farmers Mutual Ins. Ass'n of Darlington County

The opinion of the Court was delivered by

Mr. ChiEE Justice Stabeer.

The undisputed facts out of which this action arose, briefly stated, are these: In June, 1928, the defendant association issued a policy of insurance covering a building owned by one Henry Gatlin, whereby it agreed to indemnify him against loss from fire in the sum of $600.00. In May, 1931, while the policy was in force and effect, the house was burned. At the time, the Federal Land Bank of Columbia held a first mortgage on the premises, the building and the land on which it stood, and the Bank of Hartsville held a second…