John G. Speirs & Co. v. Underwriters at Lloyd's London

This is an appeal from a judgment for defendant, in an action in declaratory relief to determine the respective rights, duties and liabilities of the parties under a policy of indemnity insurance written by defendant, the insurer, indemnifying plaintiffs, the insured, against loss or claim of damage under certain circumstances.

The general terms of the policy were broad enough to cover the claim of loss made in this case. Exclusion provisions were contained in and were attached to the policy, and the construction and effect to be given one of them is determinative of this appeal. This clause…