North British & Mercantile Insurance v. San Francisco Securities Corp.

On or about March 10th, 1922, one A. H. McClure sold to Harmon Temple a certain Chalmers automobile, under a conditional sales contract. . McClure on the same date sold the contract to the San Francisco Securities Company, a corporation, hereinafter called plaintiff. The latter immediately secured from the North British So Mercantile Insurance Company, Limited, hereinafter called de fendant, an insurance policy, insuring plaintiff against loss by fire, theft, or pilferage of the car, in the sum of eight hundred dollars. April 6th, 1922, the automobile was destroyed by fire, and on June 5th…