Smith v. National Fire Insurance

The insured, John Smith, was originally plaintiff, and will 'be so referred to, though the plaintiff bank, as assignee, has been substituted. The contest - arises over the existence of a later policy, which defendant claims resulted in the avoidance of its policy. The plaintiff claims that, as a part of the arrangement between him and the defendant’s agent, Fortune, which resulted in the issuance of the policy, the plaintiff was to have permission to take out the additional insurance.

It is apparently conceded that the policy was on a standard form, which, before it was filled out, contained…