CATAWBA VALLEY MACHINERY CO. v. AETNA INSURANCE CO.

No. 7125SC516.

185 S.E.2d 308 (1971)

13 N.C. App. 85

CATAWBA VALLEY MACHINERY CO., Inc. v. AETNA INSURANCE COMPANY.

Court of Appeals of North Carolina.

Certiorari Denied January 28, 1972.


Attorney(s) appearing for the Case

Kenneth D. Thomas, Hickory, for plaintiff appellant.

Patrick, Harper & Dixon, by Bailey Patrick and F. Gwyn Harper, Jr., Hickory, for defendant appellee.


Certiorari Denied by Supreme Court January 28, 1972.

GRAHAM, Judge.

The first question presented by this appeal is whether, at the time the machines were damaged, they were being held in trust by the insured within the meaning of paragraph 2 of the policy which includes among the property covered, "property of the Insured, or held by them in trust..."

We think this question must necessarily be answered in the affirmative. It is universally held...

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