Byrd v. Bankers and Shippers Ins. Co.

This is an action on a theft insurance policy covering an automobile. The petition charges that on October 22, 1926, the defendant insurance company issued its open policy of insurance made payabLe to “The National Bond & Investment Company for the benefit of the several parties in interest” covering a certain Ford Roadster which provided, among other things, that the insurance company would pay ninety per cent of the factory list price cf such motor vehicle, not including accessories and extra equipment in the event of loss from theft; that the list price of said car was $360, and ninety per…