Stout v. Commercial Union Assurance Co.

Gresham, D. J.

The Commercial Union Assurance Company, of London, issued a fire policy to the plaintiffs for $5,000, for one year, from the second day of July, 1880, for a premium of $-. The property covered was described in the written part of the policy, which reads thus: “$5,000 on their stock in trade as wholesale grocers, comprising all articles kept for sale in such stocks, in, etc., Nos'. 107 and 109 South Meridian street, Indianapolis, Indiana; $50,000 total insurance. Permission is hereby granted the assured to keep 50 pounds of gunpowder on the premises without prejudice to this…