Standard Fire Insurance Company v. United States
Court of Appeals for the Fifth Circuit
1Opinion of the Court
GOLDBERG, Circuit Judge:
We review the rights and impediments to the cancellation of a fire insurance policy by the insuring company vis a vis the mortgagee of the insured property. We hold, as did the trial court, that the cancellation was ineffective and we affirm.
I
In September, 1963, arrangements were perfected between Schroeder Enterprises, Main Bank & Trust Company (Main Bank), and the Small Business Administration (SBA) for a $30,000 loan to be made by Main Bank and the SBA to Schroeder Enterprises. The SBA’s participation in the loan was to be 75% and Main Bank’s was to be 25%. In…
2Cases cited19 opinions
- United States v. R. F. Ball Construction Co.Supreme Court of the United States · 1958
- Small Business Administration v. McClellanSupreme Court of the United States · 1960
- Atlas Reduction Co. v. New Zealand Ins.Court of Appeals for the Eighth Circuit · 1905
- Camden Fire Insurance v. Harold E. Clayton & Co.Texas Supreme Court · 1928
- Boston Ins. Co. v. RainwaterCourt of Appeals of Texas · 1946
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3Cited by15 opinions
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- Westchester Fire Insurance Co. v. EnglishCourt of Appeals of Texas · 1976
- Nationwide Mutual Fire Insurance Company v. Harold Dungan and Bobbie Dungan, United States of America, Farmer's Home AdministrationCourt of Appeals for the Fifth Circuit · 1987
- Fidelity & Deposit Co. v. FIRST STATE INS.Supreme Court of Florida · 1996
- Pierce v. Sentry InsuranceMassachusetts Appeals Court · 1981
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