Howell Edmunds Jackson,
Merchants' Cotton-Press Storage Company v…
“ The compress company had therefore no personal interest whatever in the fire insurance policies, as against the railroad company, by virtue of the contract between the railroad company and the compress company, and by the terms of the fire insurance policies the railroad company was the beneficiary under those policies to the extent necessary to indemnify it against liability for losses incurred directly to itself, or through its liability on its bills of lading. ”
