Blakeslee v. Paul

Stevens, J.,

Appellees, who are husband and wife, some time prior to March 18, 1931, owned and occupied a residence in Mystic, Iowa, which was encumbered by a mortgage to the extent of $107.50. On the above date there was deposited in the Iowa Trust & Savings Bank of Centerville to the credit of appellee Pauline Paul the sum of $1393. This sum was the proceeds of insurance paid upon a fire policy taken out on the homestead. The date on which the homestead was destroyed by fire is not disclosed by the record. On March 21st, three days after the proceeds of the insurance were deposited in the…