Parker v. Iowa Mutual Tornado Insurance

On April 23, 1930, the defendant, a mutual tornado association organized under chapter 406 of the Code, issued a wind and tornado insurance policy to I. C. Edmonds and S. Londergan, a copartnership engaged in the banking business, on certain farm buildings in Allison township, Lyon county, Iowa, then owned by them. They acquired title to this property by conveyance from one Fikse, the former owner, who had insured the same buildings with the same company since 1925, through the same agent.

The buildings insured were located upon a farm consisting of 307 acres, which had been incumbered by two…