Dunn Mercantile & Loan Co. v. Grubbs

WILLIAM E. TURNAGE, Special Judge.

James L. Grubbs filed suit against Dunn Mercantile and Loan Company for the value of a gold bracelet which Grubbs had delivered to Dunn as a pledge for the repayment of $2,000. The court entered judgment in favor of Grubbs in the amount of $6,750 and Dunn has appealed.

On this appeal, Dunn contends that the contract between the parties excluded its liability for nondelivery of the bracelet, and that because the bracelet had been taken in an armed robbery, Dunn was not liable for the nondelivery. Affirmed.

The facts in this case were stipulated. This…