Farmers' Mutual Ass'n v. Burch

Citations

• 47 S.C. 453
• 34 L.R.A. 806
• 25 S.E. 211
• 1896 S.C. LEXIS 129

Syllabus

<p>Insurance — Homestead—Lien.—A member of a mutual fire insurance association, -whose charter provides that all buildings and other property insured by the association shall be pledged to the association, and that the association shall have a lien upon all such property as to the debts or liabilities contracted or incurred b}' said corporation during the continuance of such insurance, cannot plead homestead exemption, as to real property, in an action for his pro rata share of losses incurred, but such insured house, and the lands upon which it is situate, may be sold to pay such assessment.</p>