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CHICAGO TERMINAL CLEARANCE, INC. v. ST. PAUL FIRE & M. INS. CO.

No. 17126.

407 F.2d 552 (1969)

CHICAGO TERMINAL CLEARANCE, INC., a Corporation, Plaintiff-Appellant, v. ST. PAUL FIRE AND MARINE INSURANCE CO., a Corporation, Defendant-Appellee. GENERAL ELECTRIC COMPANY, a Corporation, Third-Party Plaintiff, v. CHICAGO TERMINAL CLEARANCE INC., a Corporation, Third-Party Defendant.

United States Court of Appeals Seventh Circuit.

February 14, 1969.

Attorney(s) appearing for the Case

Barney L. Hollowick, David S. Chesrow, Chicago, Ill., for appellant.

John P. Gorman, Jacob T. Pincus, Clausen, Hirsh, Miller & Gorman, Chicago, Ill., for appellee.

Before CASTLE, Chief Judge and KILEY and FAIRCHILD, Circuit Judges.

CASTLE, Chief Judge.

This appeal arises from an action brought by plaintiff, Chicago Terminal Clearance, Inc., against defendant, St. Paul Fire & Marine Insurance Company, to recover under an insurance policy, issued to plaintiff by defendant, for the losses suffered by plaintiff as the result of the theft of a loaded truck which was in plaintiff's custody at the time it was stolen. The owner of the cargo, General Electric Company, filed a third-party action against...

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