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AETNA STATE BANK v. MARYLAND CASUALTY COMPANY

No. 71 C 1596.

345 F.Supp. 903 (1972)

AETNA STATE BANK, Plaintiff, v. MARYLAND CASUALTY COMPANY et al., Defendants.

United States District Court, N. D. Illinois, E. D.

June 2, 1972.

Attorney(s) appearing for the Case

Charles J. O'Laughlin, Patrick J. Phillips, Jenner & Block, Chicago, Ill., for plaintiff.

John P. Gorman, Fredric H. Stafford, Clausen, Hirsh, Miller & Gorman, Chicago, Ill., for defendants.

MEMORANDUM OPINION

CROSS-MOTIONS FOR SUMMARY JUDGMENT

MAROVITZ, District Judge.

This is an action by a mortgagee (AETNA) against six insurance companies who each issued an insurance policy in the face amount of $50,000.00 on certain buildings and property owned by the mortgagor-insured (GARCY) covering the period April 1, 1970 to April 1, 1971. AETNA was named as mortgagee on the first page of each policy as well as in the "Standard Mortgage Clause...

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