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Obttuarles
James l. Wlmsrtt. 83. founder and chairman of the board of Wimsatt Brothers Inc., Louisville, Ky.. died Aug. 20, 1988, in Louisville.
Born in Springfield, Ky., Mr. Wimsatt was a practicing lawyer in l936 when he and his brothers opened a retail company in Detroit, Mi. lt evolved into a wholesale firm by 1937, and he moved a segment of the business to Louisville in the early 1940s.
The company added a branch in Lexington, Ky., and an afliliate in Tennessee. He retired in | 984.
Mr. Wimsatt is survived by his widow. Rodman, two sons. two sisters, three brothers, nine grandchildren, and l3 great-grandchildren.
quartered and the motor carrier rope furnished by the dealer to the identification number. customer are as much a product as
The Federal Highway Administration, which is administering the new standards, defines a commercial motor vehicle as "any self-propelled or towed vehicle used on highways in interstate commerce to transport property or passengers." The ruling applies to all vehicles in this category.
Solvlng Insurance Rlddler
Dealers who assist customers by tying materials to a vehicle or furnishing them with ropes and/or flagi should be sure their insurance covers any loss which may occur.
lnterstate Truck lD Requlred
Commercial vehicles crossing state lines must now be marked on both sides with the name or trade name of the motor carrier operating the vehicle, the city or community and state in which the carrier is head- lf the dealer carries product liability insurance, an insurance industry spokeman says, he has coverage for any loss which may oocur once the customer has left his premises with the building materials, rope or flag. If the dealer does not carry product liability insurance and only carries premises liability insurance, he has no coverage for any loss once the customer has left the premises.
The rationale is that the flag and lhe building materials which were purchased. Product liability coverage comes into effect when the material is delivered to the customer and leaves the store or yard.
Product liability insurance also provides coverage if the material breaks loose while the purchaser is traveling on a highway and other motorists or persons are damaged by the loose material. Any damage to the customer's car is also covered by product liability insurance.
However, if the customer's car is damaged on the premises while the materials are being tied on, the damage is covered by premises liability.