William Burford Company v. Glasgow Water Co.

Opinion of the Court by

Chief Justice Clay

Affirming.

On June 7,1925, large quantities of tobacco and other property, situated in the city of Glasgow and belonging to William L. Burford & Co., were destroyed by fire. The property was insured by the Alliance Insurance Company of Philadelphia, the Commonwealth Insurance Company of New York, and the National Fire Insurance Company of Hartford. • The loss was $42,597.65, and each of the companies paid to the insured the sum of $14,199.22. Each of the insurance contracts stipulated that it was agreed between the insured and insurer that, if the fire…