Wallace v. State Farm Mut. Automobile Ins.

This is a suit to recover on a contract of automobile collision insurance. The insurance company denied liability upon the ground that the policy relied upon had been cancelled. The cause was heard below on a stipulation of facts. Judgment was rendered in favor of the policy holder and against the insurance company and this appeal follows. The following, in substance, constitutes the basic facts of the stipulation on which judgment was rendered.

On or before June 30, 1943, the insurance company issued to Wallace a collision insurance policy on an automobile belonging to Wallace. From this…