LAURENS F.S. & L. v. HOME INS. CO.

18051

242 S.C. 226 (1963)

130 S.E.2d 558

LAURENS FEDERAL SAVINGS AND LOAN ASSOCIATION and Billy Ray Adams, Respondents, v. HOME INSURANCE COMPANY OF NEW YORK, Appellant.

Supreme Court of South Carolina.

April 10, 1963.


Attorney(s) appearing for the Case

Messrs. Haynsworth, Perry, Bryant, Marion & Johnstone, of Greenville, for Appellant.

Messrs. W. Hummel Harley and Eston W. Page, of Laurens, for Respondent.


April 10, 1963.

MOSS, Justice.

The Home Insurance Company, the appellant herein, on August 5, 1957, issued its policy in the amount of $2,500.00, insuring against loss or damage by fire during the ensuing year, a one story frame dwelling owned by Billy Ray Adams, one of the respondents herein, the policy being payable to the respondent, Laurens Federal Savings and Loan Association, mortgagee, as its interest might appear. The agreed value of the dwelling,...

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