U.S. Circuit Court for the District of Massachusetts March 15, 1872, Case No. 7,400 (Johnson v. North British, Ins.)
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United States · · · 15-03-1872
SHEFLEY, Circuit Judge.
A mortgagee may insure liis interest in the property without regard to the mortgagor, and, in case of loss, he may recover the amount without any liability to account to the mortgagor. Different mortgagees of 'the same property have independent interests, which each may insure for his own benefit, to the full amount.
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