FELTON, C. J.
While we recognize that where a purchaser goes into possession under a binding executory contract for the sale of improved realty, which the seller is able to convey, and where, before the transfer of the legal title is consummated, the improvements are destroyed by fire without the fault of either party, the loss falls on the owner of the equitable title, and that, if in such a case the property was insured by the seller, he holds the insurance money...
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