Fidelity & Casualty Co. v. Reed

The opinion of the court was delivered by

Thiele, J.:

This was an action to recover for premiums on three insurance policies issued by plaintiff to defendants, as partners engaged in contracting for highway construction, etc. One policy was dated September 24, 1932; the other two December 31, 1930. The *59defendants answered separately. Defendant Reed filed a verified answer denying generally and alleging there had been a full compromise and settlement of all the indebtedness by an assignment in writing dated February 24, 1933, of an indebtedness due defendants from Armstrong Paving Company, the…