Sidney W. Mendelson v. General Insurance Company of America, Etc.

GODBOLD, Circuit Judge:

Plaintiffs sued for a declaratory judgment concerning the meaning of the accounts receivable endorsement and the valuable papers endorsement on its mul-tiperil insurance policy. We affirm in part and reverse in part.

We set out in the margin pertinent parts of the endorsement. 1 The major issues are threefold: (i) Whether “ledger cards” maintained by plaintiffs and destroyed in a fire on December 1, 1967 are “records of accounts receivable” under par. (2). (ii) If they are, are plaintiffs entitled, at the cost of the insurer, to “reestablish” the ledger cards to an…