Commercial Assurance Co. v. New Jersey Rubber Co.

Embey, Y. 0.. The original bill was filed to reform an insurance policy issued by complainant to defendant, and to enjoin an action at law brought to recover a loss under the policy. The policy was issued for $25,000, and the amount covered by the policy was divided among several buildings of defendant and their contents, one of the buildings being a frame storehouse, which, with its content's, was insured for $5,000. This storehouse was destroyed by fire on October 21st, 1897, during the term of the policy, which ran from August 1st, 1897, to August 1st, 1898, and a total loss on this…