Munger Automobile Co. v. American Lloyds of Dallas

Appellee filed this suit against appellant, alleging that it had, for a valuable consideration, issued to Bari Pain an insurance policy in the sum of $3,500, against loss on account of the^t of a Cadillac automobile; that thereafter the car was stolen, and, by reason of the insurance policy issued, it became obligated to and did pay Earl Pain said $3,500, and took an assignment of the policy and claim for (he lost automobile. It was admitted in the trial court that the automobile in question was worth $3,500. Appellee alleged that Earl Pain delivered the automobile in question to appellant in…