National Mutual Insurance v. Bales

Appellees Bales, Nichols and Wright instituted this action against appellant on a policy of insurance, covering an automobile, issued by the latter to appellee Bales, which contained the following provisions, among others: “Loss if any under this policy shall be payable to Nichols & Wright, Clinton, Indiana, as their interest may appear. * * * This entire policy, unless otherwise provided by agreement endorsed hereon or added hereto, shall be void * * * . if the interest of the assured be other than unconditional or sole ownership. * * * This company shall not be *305liable for loss caused * * *…