Home Insurance v. Peoria & P. U. Ry. Co.

Appellee sued appellant for the loss by fire of forty empty freight cars destroyed or damaged on the tracks of appellee April 26, 1897. The part of the policy of insurance upon which the action is based is as follows.: .

“Item 44. Fifty thousand dollars on freight cars of every description, the property of other roads, firms, individuals or corporations for which assured are or may be liable while on the line of their road, the limit of loss, if any, on any freight car not to exceed §500.

“ Item 45. Twenty thousand dollars on passenger cars the property of other roads, firms or individuals for…