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SYRACUSE SAV. BANK v. YORKSHIRE INS. CO.

301 N.Y. 403 (1950)

Syracuse Savings Bank, Appellant, v. Yorkshire Insurance Company, Ltd., Respondent, et al., Defendants. (No. 1.) Isadore Blumberg, Appellant, v. Yorkshire Insurance Company, Ltd., Respondent, et al., Defendants. (No. 2.)

Court of Appeals of the State of New York.

Decided July 11, 1950

Attorney(s) appearing for the Case

Maurice F. Lane and Donald M. Mawhinney for Syracuse Savings Bank, appellant.

Victor Levine and Sidney C. Blumberg for Isadore Blumberg, appellant.

Hugh McM. Russ, P. Sidney Hand, Francis J. Maloney and John E. Dickinson for respondent.

[See .]

DYE, J.

These two actions, which were tried together although never formally consolidated, are here pursuant to our leave on the question whether, under the New York standard mortgagee clause as incorporated into a standard fire insurance policy, a mortgagee — here the Syracuse Savings Bank, plaintiff-appellant in action No. 1 (hereinafter referred to as the Bank) — may be bound by an appraisal of...

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