INS. CO. OF N. AM. v. CLIFF PETTIT MOTORS, INC


513 S.W.2d 785 (1974)

INSURANCE COMPANY OF NORTH AMERICA et al., Petitioners, v. CLIFF PETTIT MOTORS, INC., et al., Respondent.

Supreme Court of Tennessee.

Rehearing Denied August 31, 1974.


Attorney(s) appearing for the Case

Calvin N. Taylor, F. Graham Bartlett, Knoxville, for petitioners.

Sidney W. Gilreath and Michael Y. Rowland, Robert M. Stivers, Jr., Wallace F. Burroughs, L.B. Bolt, Jr., Knoxville, for respondent.


OPINION

W.M. LEECH, Special Justice.

This is a case of multiple conversions in which a stolen automobile was ultimately bought by a bona fide purchaser for value and then accidently wrecked. This action was initiated by the Insurance Company of North America (hereinafter, INA), the original insuror of the automobile in question, to have the rights of the various parties through whose hands the automobile passed adjudicated.

Under the proof and stipulated...

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