MANHATTAN LIFE INS. CO. v. CONT'L INS. COS.


41 A.D.2d 711 (1973)

Manhattan Life Insurance Company, Appellant, v. Continental Insurance Companies et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

March 8, 1973


We conclude from this abbreviated record that plaintiff mortgagee had an insurable interest in the premises which were destroyed by fire on June 28, 1970. While the deed from plaintiff to the Secretary of Housing and Urban Development was executed prior to said fire and was delivered to plaintiff's attorney prior thereto, to be held by him, it was not recorded until the day after the fire. It is true, as is contended by respondent, Continental Insurance Companies, that ordinarily...

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