Whitaker v. Ranow

Sognier, Judge.

James M. Ranow brought this action against H. J. Whitaker for conversion of insurance proceeds and for other damages relating to a truck purchased by Ranow from Whitaker. The trial court directed a verdict in favor of Ranow for the insurance proceeds and Whitaker appeals.

Appellee financed the purchase price of the truck through a commercial bank loan guaranteed by appellant. Appellant held physical damage insurance on the truck which expired one month after the sale and the parties agreed that appellee would reimburse appellant the pro rata amount of insurance premiums for that…