American Union Ins. Co. v. Stull Bros. Co.

Complainant insurance companies insured defendant against loss by fire. Each policy contains the standard provision that "in the event of disagreement as to the amount of loss, the same shall, as above provided, be ascertained by two competent and disinterested appraisers, the insured and this company each selecting one." A fire occurred, defendant's building and machinery was damaged, and disagreement followed as to the amount of the loss. Complainants named appraisers and defendant appointed as its appraiser Mr. I. Lester Selvage. To his appointment complainants objected but defendant stood…