Carolina Mills Distributing Co. v. World Fire & Marine Ins.

REEVES, District Judge.

This case was tried to the court without the intervention of a jury. There is no substantial controversy on the facts. On the essential facts, and particularly those upon which a decision should be based, there is no dispute.

It is conceded that the defendant issued its policy of insurance to the plaintiff on June 26, 1946, to assure plaintiff for a period of one year, that is to say, it was effective from June 26, 1946, until noon on June 26, 1947. The amount of the policy was $150,000, and it covered merchandise as follows:

“On Stock consisting principally of…