Pierce v. Columbian Insurance

This is an action on a policy of insurance against the usual perils “ at and from New York or Boston to San Francisco on merchandise free of particular average ; no shipment to be considered as insured until approved by the company and indorsed on the policy.” Bach indorsement states the vessel, the voyage, the amount insured, the rate and amount of premium, and adds an abbreviation of the words “wares and merchandise, free of particular average ; ” and one of the indorsements is an insurance of $8800 by the ship C. S. Pennell from New York to San Francisco.

The facts agreed are as follows:…