Standard Oil Co. v. St. Paul Fire & Marine Ins. Co.

HULBERT, District Judge.

This is a suit in admiralty upon a certificate of marine insurance.

The case is apparently the first to come up, at least in the Second Circuit, since the outbreak of World War II, presenting for interpretation a F. C. & S. Clause (Free of Capture, Seizure, etc.) and also the scope and effect of the “Held Covered” Clause.

There is no substantial dispute as to the facts, which are found to be as follows:

1. On Oct. 15, 1939, respondent issued an open policy of marine insurance to the Standard Oil Company of New Jersey, as agent, for account of Standard Francaise Des…