TUNKS, Chief Justice.
In 1960, the appellant, Lloyd R. Blume, plaintiff in the trial court, was engaged in the mortgage business. In such business he arranged for loans to be made to property owners, which loans were secured by liens on the property owned by the borrowers. The lenders required that the borrowers have insurance coverage on the improvements of the property upon which the liens were given. This fact placed the appellant in an advantageous position for...
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