Faircloth v. Rash

TAYLOR, Judge.

Fireman’s Fund Insurance Company, suing as subrogee in the name of Marvin Faircloth, Jr. [Fireman’s Fund], 1 obtained judgment against Richard Rice Trailer Company, Inc. [Rice] in the amount of $73,- 615. Pursuant to execution process upon that judgment, certain property of defendant corporation was sold at Sheriff’s sale. The issue before the Court is whether the proceeds of that sale should be paid to Fireman’s Fund.

Fireman’s Fund’s judgment was entered May 21, 1975. Defendant appealed the judgment to the Supreme Court which dismissed the appeal and affirmed the judgment on…