JOACHIM SAV. & LOAN ASSOCIATION v. STATE FARM FIRE AND CASUALTY CO.

No. 54030.

764 S.W.2d 648 (1988)

JOACHIM SAVINGS & LOAN ASSOCIATION, Plaintiff-Respondent, v. STATE FARM FIRE AND CASUALTY CO., Defendant-Appellant.

Missouri Court of Appeals, Eastern District, Division Two.

September 27, 1988.


Attorney(s) appearing for the Case

Joseph M. Kortenhof, Lee A. Bonine, St. Louis, Robert E. Rapp, Byron S. Bier, Clayton, for defendant-appellant.

Mark T. Stoll, Paul T. Krispin, Jr., Hillsboro, for plaintiff-respondent.


STEPHAN, Presiding Judge.

This is an appeal from a summary judgment awarding insurance proceeds and damages for vexatious delay of payment on the policy. The trial court granted summary judgment to the plaintiff on the basis that there existed no genuine issue of material fact and defendant appeals.

On November 18, 1983, Arthur and Linda Koerber purchased a 1970 Ford Mustang for $1,500.00. The purchase was financed through Joachim Savings & Loan Association...

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