#### Dealers Security Corporation, trustee, for use of Dealers Security Corporation and the S. & E. Powdered Sugar Company (plaintiff), appellant, v. Michigan Automobile Insurance Company (defendant), appellee.

Gen. No. 28,018.

Action by mortgagee for value of car stolen while covered by defendant company’s theft insurance policy. Judgment for defendant. Appeal from the Municipal Court of Chicago; the Hon. J. R. Pritchard, Judge, presiding. Heard in the third division of this court for the first district at the October term, 1922.

Affirmed.

Opinion filed December 26, 1923.

Fisher, Boyden, Kales & Bell, for appellant; J. F. Dammann, Jr., and Preston Boyden, of counsel. Thomas C. Hollywood and LeForgee, Schroeder & Tate, for appellee; Murphy O. Tate, of counsel.

Mr. Justice Thomson

delivered the opinion of the court.