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AMERICAN AVIATION & GEN. INS. CO. v. GEORGIA TELCO CR. U.

No. 15374.

223 F.2d 206 (1955)

AMERICAN AVIATION & GENERAL INSURANCE COMPANY, Appellant, v. GEORGIA TELCO CREDIT UNION, Appellee.

United States Court of Appeals Fifth Circuit.

June 8, 1955.

Attorney(s) appearing for the Case

Robert L. Marchman, III, Atlanta, Ga., Crenshaw, Hansell, Ware & Brandon, Atlanta, Ga., for appellant.

A DeJongh Franklin, Atlanta, Ga., for appellee.

Before RIVES, TUTTLE and CAMERON, Circuit Judges.

RIVES, Circuit Judge.

This appeal involves the construction of an insurance policy. Appellant issued to the appellee its policy captioned, "Credit Union Chattel Lien Non-Filing Insurance," known in the trade more simply as "non-recording" insurance, designed, subject to certain exclusions or exceptions, to compensate the appellee lender for its losses resulting solely from its failure to file for public record the instrument...

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