National Liberty Ins. Co. v. Watts

WILLIAMS, Justice.

Plaintiff in error brought this 'suit against one Boutwell as maker of an installment lien note payable to J. B. Howell and against defendant in error Watts as an indorser on same. Boutwell was dismissed from the suit, he being insolvent and his whereabouts unknown. After evidence was heard, cause by agreement was withdrawn from the jury and submitted to the court. Judgment was rendered for defendant in error.

At the time of the execution of the note, Boutwell executed a chattel mortgage on one automobile. Insurance on the car was procured from plaintiff in error covering…