American National Fire Insurance Company v. Gibbs

Defendant Gibbs was, on and prior to 1 April 1951, a motor .carrier holding motor carrier certificate C-422, issued by the North Carolina Utilities Commission. He did busineiss under the name of “Gibbs-Wood Transport Company.”

On 1 April 1951 plaintiff issued to Gibbs-Wood Transport Company its policy of insurance 9567. The policy 'declares its purpose is “to. indemnify the Assured, for loss or damage from perils hereinafter defined, arising from its legal liability as a carrier and/or bailee under bills of lading and/or shipping receipts issued by the Assured on shipments of lawful goods…