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FORD MOTOR CREDIT CO. v. STATE FARM MUT. AUTO. INS. CO.

No. 4916.

309 So.2d 914 (1975)

FORD MOTOR CREDIT COMPANY, Plaintiff and Appellee, v. STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Defendant and Appellant.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied April 15, 1975.

Attorney(s) appearing for the Case

Gist, Methvin & Trimble by David Hughes, Alexandria, for defendant-third party plaintiff-appellant.

Gravel, Roy & Burnes, Alexandria.

Stephen E. Everett, Alexandria, for defendants-third party plaintiffs-appellees.

Polk, Foote, Randolph, Percy & Ledbetter by William P. Polk, Alexandria, for plaintiff-third party defendant-appellee.

Before FRUGÉ, DOMENGEAUX and WATSON, JJ.

DOMENGEAUX, Judge.

Plaintiff-appellee, Ford Motor Credit Company (Ford), financed a 1973 Ford Maverick automobile owned by Durwood W. Carraway, and secured a chattel mortgage thereon which was duly recorded as prescribed by law. Defendant-appellant, State Farm Mutual Automobile Insurance Company (State Farm), issued a policy of collision insurance to Carraway covering the Maverick and containing a loss payable clause in favor of Ford. A collision occurred and the...

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