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FIRST NAT. BANK v. BOSTON INS. CO.

Gen. No. 47,357.

17 Ill. App.2d 159 (1958)

149 N.E.2d 420

First National Bank of Highland Park, a National Banking Corporation, Individually and as Trustee Under Terms of Trust Agreement Dated the 20th Day of July, 1951, and Known as Trust No. 575, Appellee, v. Boston Insurance Company, a Massachusetts Corporation, Franklin National Insurance Company, a New York Corporation, Phoenix Insurance Company, a Connecticut Corporation, and Rochester American Insurance Company, a New York Corporation, Appellants.

Appellate Court of Illinois — First District, Third Division.

Released for publication May 9, 1958.

Attorney(s) appearing for the Case

Goldenson & Goldenson, of Chicago (Leonard J. Braver and Eugene S. Goldenson, of counsel) for appellants.

Owens, Owens & Rinn, of Chicago, for appellee.

JUSTICE FRIEND delivered the opinion of the court.

The First National Bank of Highland Park, as trustee, held title to property in Lake Forest, Illinois, consisting of two acres of ground improved with a three-story stuccoed frame residence. In March 1952, the four defendant companies issued fire-insurance policies on the building in the aggregate sum of $46,750. The policies, which were identical in their terms and provisions, insured plaintiff "to the extent of...

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