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WORLD FIRE & MARINE INS. CO. v. PALMER

No. 13055.

182 F.2d 707 (1950)

WORLD FIRE & MARINE INS. CO. v. PALMER et al.

United States Court of Appeals Fifth Circuit.

Rehearing Denied July 18, 1950.

Attorney(s) appearing for the Case

Wm. H. Watkins, Jackson, Miss., for appellant and cross-appellee.

William Harold Cox, Jackson, Miss., for appellees and cross-appellants.

Before HUTCHESON, Chief Judge, and BORAH and RUSSELL, Circuit Judges.

RUSSELL, Circuit Judge.

This case involves the proper construction and application of the terms and provisions of a policy of insurance against loss of rent. Appellees, hereinafter referred to as the insureds, in 1945, purchased a lot near the business district of Jackson, Mississippi, upon which was located a two story residence building which had been constructed around the year 1900, in at that time, a fashionable residential section. With the growth of the city...

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