Wright v. Union Ins. Co. of Indiana

BRYAN, Circuit Judge.

This is an action on a fire insurance policy to recover for *613tho loss of a stock of general merchandise and of store fixtures. According to the evidence, the merchandise consisted chiefly of dry goods, groceries, and hardware.

The defense was that plaintiff, the assured, had failed to keep in a fireproof safe, or produce for defendant’s inspection, a set of books sufficient to comply with the requirements of tho so-called “iron safe clause” of the policy. By that clause an assured covenants and warrants that he will take a complete “itemized inventory” of stock on hand at…