Farmers & Merchants Mutual Fire Insurance v. Pulliam

DURFEE, Senior Judge.

Defendant-appellee, White Motor Corporation (hereafter White), obtained judgment against defendant-appellant, Reliance Mutual of America, Inc. (hereafter Reliance), and third party defendant-appellant, E. Ray Price & Co., Inc. (hereafter Price, Inc.), in the sum of $8,583.00, together with interest thereon at the rate of ten percent per annum from October 23, 1969, until paid. The principal award was in the amount of an unpaid draft which was one of two checks given White in compromise and settlement of a pending lawsuit involving a loss arising under an insurance policy.…