Walters v. Century Lloyds Insurance Company

Petitioners sued on an insurance policy issued by respondent, Century Lloyds, to Mrs. L. P. Walters, insuring against loss by fire a frame cafe building for $5,000.00 and personal property used in the cafe in the sum of $2,500.00. On August 26, 1951, fire destroyed this building and its contents.

Judgment in favor of respondent on both counts has been affirmed by the Court of Civil Appeals. 267 S.W. 2d 278.

On July 2, 1951, after the issuance of the fire insurance policy, Mrs. Walters and her husband deeded the premises to her only daughter, Ruby Walters. It is undisputed that the reason for…