Wyche v. Trinity Universal Ins. Co.

STOKES, Justice.

This suit was instituted by appellant, Paul Wyche, who was engaged in the loan and investment business under the trade name of Wyche Investment Company, against the appellee, Trinity Universal Insurance Company, upon a policy of insurance issued by the appellee to Fain D’Orsay upon an automobile. D’Orsay was indebted to appellant in the sum of $1,050 and the policy contained the usual loss payable clause in favor of appellant as his interest might appear. On December 28, 1943, D’Orsay was engaged in transporting four soldiers and a sailor from New Orleans, Louisiana to…