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REEDSBURG FARMERS MUT. F. INS. CO. v. KOENECKE

8 Wis.2d 408 (1959)

REEDSBURG FARMERS MUTUAL FIRE INSURANCE COMPANY, Appellant, v. KOENECKE and wife, Respondents.

Supreme Court of Wisconsin.

November 3, 1959.

Attorney(s) appearing for the Case

For the appellant there was a brief by Hill, Miller & Quale of Baraboo, and oral argument by James H. Hill, Jr.

For the respondents there was a brief by Hill, Dithmar & Greenhalgh of Baraboo, and oral argument by R. L. Greenhalgh.

MARTIN, C. J.

Defendants own and reside upon a farm in Sauk county. For some years they purchased from the plaintiff a fire insurance policy upon the property located on the farm. In a renewal of the policy on July 1, 1956, for a five-year period, the barn on the premises was insured for $10,000.

Prior to July 1, 1956, defendants executed a mortgage on the premises as security for a loan made for the benefit of their son. The mortgagee thereafter obtained...

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