Insurance Company v. Stinson
103 U.S. 25

Annotate this Case

U.S. Supreme Court

Insurance Company v. Stinson, 103 U.S. 25 (1880)

Insurance Company v. Stinson

103 U.S. 25

Syllabus

l. The owner of the equity of redemption has an insurable interest equal to the value of the buildings on the land.

2. A party having a mechanic's lien on buildings by him erected on land then covered by mortgage has an insurable interest, limited only by their value and the amount of his claim. His discontinuance of his suit to enforce the lien after their destruction is not matter of defense to his action on the policy.

The facts are stated in the opinion of the Court.

Page 103 U. S. 26

Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.