Combs v. Shrewsbury Mutual Fire Insurance

The Chancellor.

This suit is brought on a policy of insurance to recover $3,000 (and interest) for the damages sustained by the destruction by fire of a grist-mill in Hightstown. The policy was issued by the defendant March 16th, 1869, to Charles H. Woodward and John Silvers, who were then partners and owned the property.. By it the defendant agreed to insure them against loss or damage (not exceeding $3,000) by fire to the mill for five years from the 24th of that month. In May, 1869, Woodward and Silvers assigned the policy, with the consent of the company, to Archibald F. Job, as collateral…