Le Doux v. Dettmering

The controversy in this case is between an insurance company and the makers of notes secured by a trust deed. The only question is whether the payment by the insurance company of a fire loss to the holder of the notes, under a policy insuring him as such holder, entitled the insurance cdmpany to subrogation, or whether such payment operated to discharge the indebtedness secured by the trust deed. The facts were stipulated.

Joseph Le Doux and Thomas Frankiewicz were the owners of certain premises in the village of Steger, improved with a five-room frame house. On April 24, 1930, they and their…