Foster v. CANAL INS. CO., INC.

Legge, Justice.

Respondent, an undertaker in the city of Gaffney, S. C., brought this action on a policy of insurance issued by appellant on September 6, 1949, covering his 1941 Cadillac Funeral Coach against loss or damage by fire for one year from that date. The complaint alleged that on or about the date mentioned respondent, in connection with a loan then obtained by him from Stephenson Finance Company, gave to that company a mortgage covering certain automobiles, including the funeral coach, and securing his note in an amount sufficient to cover the principal sum borrowed, plus interest,…