HUTCHESON, Chief Judge.
The suit for loss and damage to two lots of seed cotton which had been bought some time prior to October 23, 1952, was on an oral agreement effective at midnight August 31, 1952, insuring plaintiff's subsidiary and assignor against loss and damage by fire to seed cotton, cotton seed, and cotton in bales, bought and ginned in Hermosillo, Mexico, during the 1952 harvest season. Of the seed cotton purchased, one lot consisted of 2816 tons which...
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