ROYAL INSURANCE CO. LTD. v. MYLIUSVLR 1
Insurance — Fire — Reinstatement — Policy on buildings in joint names of mortgagor and mortgagees — Condition — Insurance to cease to attach if, without insurer's sanction, insured's interest in the property passed from insured — Contract of sale by mortgagor subject to mortgage — Buildings subsequently destroyed by fire — Payment or reinstatement, claim by purchaser for — Policy not assigned — Application of sec. 49 of Imperial Acts Application Act 1922 — Request — Person "interested in or entitled to" insured property — Nature of statutory duty imposed on insurers — Remedy — Nature of mortgagee's insurance — Mortgagee's right to maintain value of security.