American Indemnity Co. v. Southern Missionary College

260 S.W.2d 269 (1953)

AMERICAN INDEMNITY CO.

v.

SOUTHERN MISSIONARY COLLEGE.

Supreme Court of Tennessee.

June 5, 1953.

Petition to Rehear Denied July 17, 1953.

McAllester & McAllester, Chattanooga, for appellant.

Wilkerson & Wilkerson, Chattanooga, for appellee.

NEIL, Chief Justice.

The American Indemnity Company issued a policy of insurance to the Southern Missionary College in the maximum amount of $4,000, indemnifying it against loss caused by safe-burglary or robbery occurring on the premises of the insured. The policy was issued under date of December 20, 1950, for a period of 3 years. Three…