Aetna Insurance v. Illinois Central Railroad

Mr. Presiding Justice Scanlan

delivered the opinion of the court.

An action in case, in which plaintiff sued as the assignee of a claim the Continental Illinois Bank & Trust Company, of Chicago, Illinois (hereinafter called Continental Bank), had against defendant, growing out of the loss it sustained through a shipment by registered mail, via defendant’s railroad, of $21,974 in currency, which was lost or stolen while in the care, custody and control of defendant. Plaintiff had issued a policy to the bank insuring it against loss on shipments by registered mail of certain specified valuables,…