| Show Conditional Contract Insurance Approved Conditional sale sale contract indorsement Indorsement Indorsement Indorse Indorse- ment which has to do with protectInG protect- protect protecting In InG ET dealers against embezzlement ment bythe b by bythe the p purchasers o of ot automobiles o under unde titta e retaining al in notes are e ml f ab able i and rod enforceable r In Utah acab ac ac- ac cordinG to an opinion of William Hilton I assistant att attorney general l given glnn to John W. W Walker Valker k ey state gate In Insurance Insurance Ins In- In s c commissioner er Th The he opinion reads I 1 have your let letter er of f May Mm 2 with which you su submit a form r of ot Conditional Sale Contract Indorse ment en to bo placed manes on and m made poli part cies fe I I of automobile ins Insurance s a policies l and In which you request t an n nother opinIon opinion other ion on the question R as to Whether T lI D Y EV EVENING q MA i A Efi 11 orr ot such s 's th Insurance Is p ermiss- ermiss Fein n Utah I VI A have carefully examined the In indorsement In- In which Insures the tle e vendor vendor ven- ven dor tor of an automobile under a con con- df lonai sale contract against loss lass by disposal concealment or unlawful conversion of ot the automobile by the vendee It Is my opinion that such contracts of Insurance are able 4 and and enforceable In Utah Several Sev Sev- eral States tes have reco recognized and ad enforced en- en for tor forced ed d them The criminal element of conversion conversion conver- conver sion larceny or embezzlement does not In my opinion enter Into the transaction between the vendor of the automobile and the Insurer unless unas unless un- un less as a n. condition precedent to the attachment of the Insurers Insurer's liability tho the vendor Is required to cause the arrest of the vendee or assist in to his apprehension or perform oth other r acts in relation thereto and In that event such actions could only be regarded as terms and conditions of the contract contract con- con tract tract r. r a X l y rte t t 51 c cl l' l t I COMMERCE FRAT ELECTS Ora For Force e. e sophomore student at atthe atthe the University of Utah was chosen president of the Alpha Kappa Pal fraternity national al co commercial society so society society so- so for 1923 at a mee meeting g held In th the commerce building at the university last Jast night Robert Sloan was elected vice president William William Wil Wil- liam Edwards treasurer Lawrence Sell strom secretary Horace Evans correspondent and Sam Gillette custodian |
