Davis Yarn Co. v. Brooklyn Yarn Dye Co.

The question presented here arises by reason of the fact thát a number of inland marine “floater ” policies covered the same goods and insured against the peril which occurred, and we must determine whether one of the policies must bear the entire burden, whether there shall be contribution between it and another or others or whether all of the policies, being of the same category, must contribute to the payment for the loss incurred.

The defendant, Brooklyn Yarn Dye Co., Inc. (hereinafter referred to as Brooklyn), was engaged in the business of dyeing yarns. The fifteen plaintiffs, who were…