American Central Ins. Co. v. Crespi & Co.

HUGHES, Justice.

This suit was brought by Crespi & Company, appellee, against the American Central Insurance Company, appellant, and Joe L. Gaida, to recover the value of 38 bales of cotton destroyed by fire on May 13, 1947.

Gaida’s liability, which was established by judgment for the full amount of the loss, was predicated upon his responsibility as a warehouseman. Gaida has not appealed.

The liability of appellant was established below and is sought to be sustained here upon the ground that it was an insurer of the 38 bales of cotton; the judgment against it being proportionate to the total…