Home Insurance Co. v. Day

Appellee was the owner of a valuable farm barn, on which he carried $1,500 insurance against fire; one policy for $1,000 issued by appellant; another for $500 issued by the Continental Insurance Company. On February 27, 1925, the barn was totally destroyed by fire. Having received immediate notice, each company sent its representative to adjust the loss. There were ugly rumors as to the cause of the fire; and the State Fire Marshal was making an investigation; and when the adjusters came they decided to defer settlement of the loss until after the State Fire Marshal had completed his…