Commercial Securities, Inc. v. Hall

It is contended by the plaintiff that, on August 14, 1930, Gault, whose interest in the truck had been previously transferred to the plaintiff, secured additional fire insurance in the amount of $2,500 on “his equity” in the truck from the Oregon Automobile Insurance Company and paid the premium thereon, and that, although Gault requested that this insurance be issued to him alone, the policy, as executed, named Glenn Hall as assured, with loss, if any, payable to Gault. Plaintiff asserts that this policy was procured without the knowledge or consent of Hall or of the plaintiff; that neither…