HOME INS. CO. v. NATIONAL UNION FIRE INS. CO.

No. 15454-CA.

434 So.2d 526 (1983)

The HOME INSURANCE COMPANY, et al., Plaintiffs-Appellants, v. NATIONAL UNION FIRE INSURANCE COMPANY, Defendant-Appellee.

Court of Appeal of Louisiana, Second Circuit.

June 6, 1983.


Attorney(s) appearing for the Case

Lunn, Irion, Switzer, Johnson, & Salley by Richard H. Switzer, Shreveport, for plaintiff-appellant Home Ins. Co.

Mayer, Smith & Roberts by Alex F. Smith, Jr., Shreveport, for plaintiff-appellant Continental Cas. Co.

Cook, Yancey, King & Galloway by Benjamin C. King and Edwin L. Blewer, Jr., Shreveport, for defendant-appellee.

Before PRICE, MARVIN and FRED W. JONES, JJ.


PRICE, Judge.

Plaintiffs appeal the trial court's judgment dismissing their subrogation claim brought on a multi-peril insurance policy issued by the defendant.

The following facts were established at trial by joint stipulation of counsel. Western Restaurants, Inc. (hereinafter Western) was record owner of the land and buildings situated at 3830 East Texas Street in Bossier City. On April 18, 1978, Western entered into a lease—purchase agreement with...

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