Alliance Ins. v. Continental Gin Co.

NICKELS, J.-

Handley Gin & Milling Company, a partnership, owned a gin plant, etc.; it owed Continental Gin Company, a corporation, certain indebtedness, to secure payment of which a -lien existed on machinery, etc., in the plant. Conn was the general manager and agent of the partnership. An obligation of the Continental Gin Company’s mortgage was that the property should be kept adequately insured and for its benefit as' its interest was. So far as the latter company was concerned, Conn’s authority was the selection (for it) of the insurance companies and procuration of policies from them.…