Fireman's Fund Insurance Co. v. Devonshire

— This action in interpleader was brought by Fireman’s Fund Insurance Company, a corporation, as plaintiff, against Smith, Devonshire and Capital Savings & Loan Association, as defendants, to determine to whom the proceeds of a policy of insurance in the sum of $800 should be paid.

Smith is the owner of a small tract of land at the city limits of Montesano, Washington. He had a loan from Devonshire, and, as part security for that loan, had a mortgage clause attached to his insurance policy on a small residence located on Ms property. Desiring to build another building on the same land, he…