First National Bank v. Burnside National Bank

Opinion by

Mr. Justice Simpson,

Ross B. MeCardell gave the First National Bank of Glen Campbell, appellant herein, four judgment notes, upon all of which judgments were entered, three on November 6, 1929, and the fourth on December 31, 1931. He also gave the Burnside National Bank, appellee herein, two judgment notes, upon which judgments were entered on May 3, 1931. Upon certain improved real estate then owned by MeCardell, were fire insurance policies with attached riders providing that the “loss, if any, on buildings only payable to Burnside National Bank [appellee] as its interest may…