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TRAVELERS INSURANCE CO. v. CARGILE MOTOR CO.

No. 5-1630.

317 S.W.2d 126 (1958)

The TRAVELERS INSURANCE COMPANY, Appellant, v. CARGILE MOTOR COMPANY, Appellee.

Supreme Court of Arkansas.

November 3, 1958.

Attorney(s) appearing for the Case

Van Johnson, Texarkana, Atchley & Russell, Texarkana, Tex., for appellant.

Arnold & Arnold, John O. Moore, Texarkana, for appellee.

McFADDIN, Justice.

This appeal challenges a judgment which appellee, Cargile Motor Company (hereinafter called "Cargile"), recovered against Travelers Insurance Company (hereinafter called "Travelers") on an insurance policy issued by Travelers in which Cargile was named as the lienholder.

In February 1957 Cargile sold a new automobile to Dr. Frankenstein, and the unpaid balance was in excess of $2,400. Travelers issued a comprehensive insurance policy to...

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