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GASSAWAY v. TRAVELERS INSURANCE COMPANY

439 S.W.2d 605 (1969)

Sam A. GASSAWAY and wife, Dorothy H. Gassaway, Appellees-Complainants, v. TRAVELERS INSURANCE COMPANY and Travelers Indemnity Company, Appellants-Defendants.

Supreme Court of Tennessee.

March 31, 1969.

Attorney(s) appearing for the Case

Armstrong, Allen, Braden, Goodman, McBride & Prewitt, Memphis, for appellees-complainants, Newton P. Allen, Memphis, of counsel.

Chandler, Manier, Johnson & Harris, Memphis, for appellants-defendants, Carroll C. Johnson, Memphis, of counsel.

OPINION

DYER, Justice.

This suit involves the construction of a comprehensive general liability insurance policy under stipulated facts. In this opinion appellees, Sam A. Gassaway and wife, Dorothy H. Gassaway, will be referred to as complainants, and appellants, Travelers Insurance Company and Travelers Indemnity Company as defendants.

On May 17, 1954, V & M Homes, Inc., in the development of a residential subdivision in the City of Memphis...

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