Rackley v. Scott

Bill in Equity, for subrogation of the plaintiff to the rights of the defendant Scott in certain insurance. Facts found by the court. In April, 1879, the Savings Bank for the County of Strafford, having a mortgage of Scott’s land and buildings, procured a policy of insurance on the buildings from the London Assurance Company, to an amount greater than the mortgage debt, in the name of Scott, but payable to the bank, as its interest might appear.