Commodity Credit Corp. v. American Equitable Assurance Co.

Judgment was rendered for appellees, insurance companies, four of which, were sued under the above caption in the circuit court of Poinsett county, and the Commodity Credit Corporation has appealed therefrom.

We will attempt a statement of the facts that appear to be without dispute or controversy.

The Trumann Compress & Warehouse Company was engaged in business at Trumann in Poinsett county, and on November 10th, 1935, policies of insurance were issued to the Trumann Compress & Warehouse Company, Inc., “for the account of Whom It May Concern.” The appellant had stored several thousand bales of…