Brown v. Globe & Rutgers Fire Insurance

1. Suit was brought on a fire-insurance policy which on October 8, 1921, was issued to A, covering a certain automobile. Among the warranties in the policy was the following: “Purchased by the assured October, 1921, second hand actual cost including equipment $2300.00. The automobile described is fully paid for by the. assured, and is not mortgaged or otherwise encumbered, except as follows: No exceptions.” On April 6, 1922, A sold the automobile to H. S. Brown, and the following endorsement was entered on the policy: “ The assured under the above numbered policy is now recognized as ‘H. S.…