Bush v. Globe & Rutgers Fire Insurance

In September, 1920, the Globe & Rutgers Eire Insurance Company issued to ~W. J. Bush a fire-insurance policy for $10,500, which covered cotton in bales owned or held by the insured in trust or on commission or on joint account with others, or sold but not delivered, while contained in the “J. S. Bush warehouse in Colquitt, Ga.” Later the assured, desiring to borrow some money and pledge a part of the cotton stored, was required by the bank to take out another policy, which he did in the iEtna Insurance Company. This policy covered eleven bales of cotton, which was specifically identified by…