Reiter v. Northwestern International Insurance

Aii automobile belonging to plaintiff, Reiter, was stolen, and this suit was brought on a contract of insurance covering loss by theft.

Originally, the suit was brought by Reiter and the Interstate Securities Company as plaintiffs, but the defendant Insurance Company at once paid the Interstate Securities Company its proportion of the loss, and hence that plaintiff dropped out of the case.

The Interstate Securities Company was engaged’in making loans on automobiles, especially in extending credit to purchasers of automobiles for a part of the purchase price thereof. On July 17,1919,-said…