Imperial Investment Co. v. ROUSE, AND CANAL INSURANCE

This is an appeal by a judgment creditor from a proceeding against the Canal Insurance Company as garnishee. The judgment creditor recovered roughly 25 per cent of its claim, and assigns error to the failure of the court to allow the claim in its entirety.

Imperial Investment 'Company loaned money to one Rouse to enable Rouse to buy insurance for his trucks. Rouse gave Imperial his note. Imperial delivered the proceeds of the loan to an insurance firm doing business as Surplus Line Company. In due course, Surplus Line issued to Rouse a policy covering physical damage on Rouse’s trucks. The…