Johnson v. Royal Motor Car Insurance

Appellee recovered a judgment for $300 against appellant on an insurance policy. The Davis Motor Car Company sold an automobile to a man named Com-stock and took a chattel mortgage thereon to secure the balance of the purchase price. It seems that Com-stock defaulted in his payments, and the Davis Motor Car Company then sold the car to appellee for $1,400, taking $450 in cash and holding the original mortgage to secure the balance, which was payable in monthly payments of $83.33. Before the sale to appellee the Davis- Motor Car Company had taken out insurance on the car to protect its…