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TRAVELERS INDEMNITY CO. v. PURCELL CO.

243 S.W.2d 917 (1951)

TRAVELERS INDEMNITY CO. et al. v. PURCELL CO.

Court of Appeals of Kentucky.

November 21, 1951.

Attorney(s) appearing for the Case

Allen, Duncan, Duncan & Arnold, Lexington, for appellants.

Harbison, Kessinger, Lisle & Bush, Lexington, for appellee.

MILLIKEN, Justice.

This is an appeal from a judgment denying the Travelers Indemnity Company recovery on a subrogation claim they held against The Purcell Company for the loss of a fur coat which had been placed in storage at Purcell's. The owner of the coat had declared its value at $100 at the time of storage, and had paid a proportionate storage rate therefor. The coat was covered by an insurance policy of its owner with Travelers, and Travelers paid the owner...

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