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FARM BUREAU MUTUAL INSURANCE CO. v. BARNES

No. 5-1345.

305 S.W.2d 673 (1957)

FARM BUREAU MUTUAL INSURANCE COMPANY OF ARKANSAS, Inc., Appellant, v. E. J. BARNES, Appellee.

Supreme Court of Arkansas.

October 14, 1957.

Attorney(s) appearing for the Case

Shaver, Tackett & Jones, Texarkana, for appellant.

Dennis K. Williams and Van Johnson, Texarkana, for appellee.

GEORGE ROSE SMITH, Justice.

This is an action on a fire insurance policy by which the appellant insured the appellee's house and barn for $1,500. Upon the total destruction of the buildings by fire the policyholder contended that under the valued policy law the insurer was liable for the full amount of the policy without regard to the actual value of the property. Ark.Stats. 1947, § 66-515. In denying complete liability the insurer asserts that the buildings...

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