[DOWNLOAD] "Lanier v. Securities Acceptance Corp." by New Mexico Supreme Court ~ eBook PDF Kindle ePub Free
eBook details
- Title: Lanier v. Securities Acceptance Corp.
- Author : New Mexico Supreme Court
- Release Date : January 01, 1965
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
George B. Hisel and Maryland Casualty Company sought damages against Clark Lanier on account of an auto-truck collision in which Laniers 17-year old son had been the driver of the auto. Lanier then filed a third-party action against Securities Acceptance Corporation (hereinafter termed S.A.C.) and Central Insurance Company, seeking reimbursement from them in any amount for which he might be found to be liable to Hisel and Maryland Casualty Company. His claim against the third-party defendants is based upon an alleged agreement to procure an automobile liability insurance policy to be immediately effective. A judgment against Lanier in favor of Hisel and Maryland Casualty Company in the amount of $8700 has become final. The court entered judgment for Central National Insurance Company notwithstanding the verdict. This appeal is from a judgment for Lanier and against S.A.C. following a jury verdict.