Bergstrom Paper Co. v. Continental Ins.

MINTON, Circuit Judge.

An explosion occurred in the plaintiff’s powerhouse at Neenah, Wisconsin, on November 24, 1945, causing $77,008.59 property damage to the plaintiff’s plant. The amount was stipulated by the parties. The plaintiff at Jhe time of the explosion had three insurance policies in force: A standard fire insurance policy issued by the defendant The Continental Insurance Company of the City of New York (hereafter referred to as Continental) providing coverage not exceeding $400,000; a policy issued by the defendant The Hartford Steam Boiler Inspection and Insurance Company of…