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INDEMNITY MARINE ASSUR. CO. v. CITIZENS NAT. BANK

No. 4981.

463 S.W.2d 290 (1971)

INDEMNITY MARINE ASSURANCE CO., Ltd., Appellant, v. The CITIZENS NATIONAL BANK OF CAMERON, Texas and Ned Fachorn, Appellees.

Court of Civil Appeals of Texas, Waco.

Rehearing Dismissed February 25, 1971.

Attorney(s) appearing for the Case

Brown & Teed, Thomas A. Brown, Houston, for appellant.

M. M. Ottea, Jr., Hearne, Humble & Magre, Ed P. Magre, Cameron, for appellees.

OPINION

McDONALD, Chief Justice.

This is an appeal by defendant Insurance Company from $9,500. Judgment for plaintiff's bank and Fachorn, in a suit on a fire insurance policy, insuring a cotton picker, owned by plaintiff Fachorn, on which plaintiff bank had a lien.

Plaintiff Fachorn sued defendant alleging it insured his cotton picker "against all risks of direct physical loss or damage"; that the picker was destroyed by fire during the term of the...

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