American Automobile Insurance v. American Fidelity & Casualty Company of Richmond

VALLÉE, J.

Appeal by defendant American Fidelity and Casualty Company from a judgment in a declaratory relief action decreeing that under a motor vehicle liability policy it was liable for damages caused by its assured, arising out of the use of a motor vehicle.

Exeter Oil Company, Ltd., a corporation, and two of its affiliated enterprises (all referred to as Exeter), operated an oil terminal in the Los Angeles Harbor area. Plaintiff’s policy insured Exeter against liability imposed upon it by law for damages arising out of the ownership, maintenance *632and use of its property, both real and…