Assurance Co., Ltd., of London v. Melinsky

On March 6,1924, defendants’ stock of merchandise, insured in the plaintiff company in the sum of $10,000, was considerably damaged by fire, smoke and water. Each of the parties secured the services of an adjuster. They were unable to agree on the amount of the loss, and, pursuant to the terms of the policy, appraisal wasi sought. Plaintiff appointed David J. Osgood, and the defendants Peter J. Trunsky, as their respective appraisers, and they agreed upon Joseph LaMeasure as umpire, to whom, however, only differences were to be submitted. The appraisers could not agree, and the umpire was…