Jackson, Kiser & Meyer v. Shreveport Producing & Ref. Corp.

The plaintiff, Jackson, Kiser & Meyer, a 'partnership engaged in the business of writing fire insurance, alleges that it had executed a policy in favor of Steele & Lindley covering certain automobiles and that the property insured had been damaged by fire caused by the fault and negligence of the defendant, Shreveport Producing & Refining Corporation; that it was obliged to pay and. did pay the insured, Steele & Lindley, the damage sustained by the property, and that plaintiff was expressly and legally subrogated to the rights of Steele and Lindley against defendant to the amount paid; and it…