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UNDERWRITERS FOR LLOYDS OF LONDON v. JONES

261 S.W.2d 686 (1953)

UNDERWRITERS FOR LLOYDS OF LONDON et al. v. JONES.

Court of Appeals of Kentucky.

October 23, 1953.

Attorney(s) appearing for the Case

Craft & Stanfill, Hazard, for appellants.

Napier & Napier, Hazard, for appellee.

MILLIKEN, Justice.

The principal questions for decision are whether a taxicab indemnity insurance policy issued pursuant to KRS 281.460 limits the liability of the insurer to: (1) $5,000 for any one accident or (2) $5,000 to each person injured or killed in any one accident. We also must decide how the proceeds of insurance are to be distributed.

In 1949 a taxicab owned and operated by the assured, Jerry M. Smith, was involved in an accident...

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