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AMERICAN HOME ASSURANCE COMPANY v. VAUGHN

No. 2 CA-CIV 1503.

21 Ariz. App. 190 (1974)

517 P.2d 1083

AMERICAN HOME ASSURANCE COMPANY, a corporation, Appellant, v. William VAUGHN, Appellee.

Court of Appeals of Arizona, Division 2.

Rehearing Denied February 5, 1974.

Review Denied February 26, 1974.

Attorney(s) appearing for the Case

Black, Robertshaw & Frederick, P.C. by Harold A. Frederick, Phoenix, for appellant.

Russo, Cox, Dickerson & Cartin, P.C. by Jerold A. Cartin, Tucson, for appellee.

OPINION

HATHAWAY, Chief Judge.

Defendant American Home Assurance Company (American) appeals from a denial of its motion for a reduction of damages.

Prior to this action, plaintiff William Vaughn executed a mortgage agreement in favor of Associated Mortgage and Investment Company (the mortgage company). He signed a note secured by the mortgage which was to be paid in monthly installments over a period...

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