Imperial Casualty & Indemnity Co. v. Morris and Gertrude Relder, and the Home Indemnity Company

VOGEL, Circuit Judge.

The sole question in this appeal involves the construction of appellant’s liability insurance policy with reference to after-acquired automobiles. On August 12, 1959, appellant issued its policy No. ACF 324908 wherein a 1956 Oldsmobile coupe was described as the owned automobile and Morris Relder was the named insured. The policy in question was designated a “Family Combination Automobile Policy”. Among other things, it provided as follows:

“2. Premium: If the named insured disposes of, acquires ownership of or replaces a private passenger, farm or utility automobile or,…