TRAVELERS FIRE INS. CO. v. BANK OF LOUISVILLE


243 S.W.2d 996 (1951)

TRAVELERS FIRE INS. CO. v. BANK OF LOUISVILLE et al.

Court of Appeals of Kentucky.

Rehearing Denied December 21, 1951.


Attorney(s) appearing for the Case

Doolan, Helm, Stites & Wood, Louisville, for appellant.

Dodd & Dodd, Steinfeld & Steinfeld, and E. Paul Denunzio, all of Louisville, for appellee.


STANLEY, Commissioner.

Under the principle of estoppel to deny agency, the judgment imposes liability upon the appellant under a parol contract of fire insurance on a motor vehicle. The tenuous character of the grounds of liability is thus indicated.

The Bank of Louisville had agreed to accept a note secured by mortgage on a tractor-truck purchased by Woolett and Koehler from a Louisville vendor. It required that the machine be insured in its favor in the...

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