Cahn, Wampold & Co. v. Carpless Co.

Joseph Klein was engaged in the mercantile business at Plattsmouth, and as a result thereof he became indebted to various persons and corporations. His stock of goods was covered by a policy of insurance in the Western Assurance Company of Toronto, Canada, in the sum of $2,000. The goods were destroyed by fire, and Klein instituted an action on the policy in the district court of Cass county, and recovered a judgment, on November 8, 1893, against the company in the sum of $2,110.50. On July 27, 1891, he executed to his creditor, the Citizens Bank of Plattsmouth, an assignment of a portion of…