Bonesteel Motor Co. v. National Union Fire Insurance

This is an appeal from a judgment of nonsuit, the cause of action being upon an insurance policy issued by the defendant to the Oregon Auto Transportation Company in which plaintiff is named as the beneficiary “as interest may appear.”

At the time the insurance was written, the truck had been sold by the plaintiff to the Oregon Auto Transportation Company under an executory contract, plaintiff reserving the title to said truck pending the payment of the purchase price. The contract of sale provided that a fire insurance policy should be issued for the protection of plaintiff. The policy is for…