William Strong, Insurance Company v. Brune's Assignee…
“ Barry is the owner of the new policies, subject only to Brune's right (whatever it may be) to hold them as a collateral security.The case in the New York Supreme Court, therefore, involved the same controversy as that exhibited in the two Maryland suits; and the complainant here and Whitridge are parties in each. Alike in the bill and in the action at law, it is a vital question whether the insurers are liable for the sums insured by the policies of January, 1872, and whether they are liable to Whitridge as assignee of Brune. ”
