Deming Investment Co. v. Dickerman

Citations

• 63 Kan. 728
• 66 P. 1029
• 1901 Kan. LEXIS 217

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Judicial Sale — Redemption—Right to Insurance Money. When a purchaser at foreclosure sale, subject to redemption, procures and pays for insurance on the property to which he holds a certificate of purchase, the contract of indemnity so procured is a personal contract between the purchaser and the insurance company, which does not inure to the benefit of the person entitled to redeem; and upon redemption being made the purchaser is not required to account to the redemptioner for the amount of money received from the insurance company on the property, the building upon the property having been totally destroyed by fire during the period of redemption.</p>