Hanover Fire Ins. Co. v. Southern Amusement Co.

MOUTON, Judge.

The district judge rendered the following opinion and judgment in this case:

“This is a suit by the fire insurance company and its state and local agents, for premiums under a fire and tornado insurance contract. A policy covering these hazards, and affecting the building of the Amusement Company then under construction at Lafayette, Louisiana, was issued on April 6, 1931. It carried insurance against loss by fire in the sum of $60,000.00, and against loss by tornado in the same sum. Subsequently the Amusement Company requested reduction of the tornado insurance to $40,000.00,…