Continental Insurance Companies v. Stanley

569 S.W.2d 653 (1978)

The CONTINENTAL INSURANCE COMPANIES, Appellant,

v.

Franklin STANLEY, Appellee.

No. 77-16.

Supreme Court of Arkansas, Division 1.

June 12, 1978.

Rehearing Denied September 18, 1978.

Reinberger, Eilbott & Smith, Pine Bluff, for appellant.

Paul K. Roberts, Warren', for appellee.

FOGLEMAN, Justice.

Lawrence Derby d/b/a Lawrence H. Derby Insurance Agency sued appellee Franklin Stanley, seeking judgment on a note given by Stanley for payment of the premium on a hail insurance policy on the 1974 tomato crop of Stanley. Derby obtained the policy from appellant, The Continental Insurance…