FEDERAL MUT. INS. CO. v. HANKS


545 S.W.2d 93 (1976)

FEDERAL MUTUAL INSURANCE COMPANY, Petitioner, v. Floyd HANKS, Executor, et al., Respondents.

Supreme Court of Tennessee.

December 27, 1976.


Attorney(s) appearing for the Case

Hewitt P. Tomlin, Jr., Waldrop, Hall, Tomlin & Farmer, Jackson, for petitioner.

Lyman Ingram, Ashley, Ashley & Lawson, Dyersburg, Thomas E. Harwood, Trenton, for respondents.


OPINION

COOPER, Chief Justice.

The issue presented in this case is whether an automobile owned by the insured but out of service being repaired at the time the automobile liability insurance policy issued, and which was later placed in service in place of the insured automobile, is within the coverage provided in the policy for a "newly acquired automobile."

Petitioner, Federated Mutual Insurance Company, was held to be obligated to pay judgment...

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