Shannon Furniture Co. v. Federal Surety Co.

The plaintiff in error, as. plaintiff in the trial court, commenced an action against the defendant in error, as defendant in the ¡trial court, to recover on its “Paymaster, Messenger and Office Robbery Policy.” The general indemnity provision under which recovery is sought is contained in paragraph 3 of the indemnity provisions of the policy and is as follows:

“III. To indemnify the assured for all loss by robbery committed during the hours specified in section (a) of item 7 of the declarations, of property, from within the assured’s premises.”

Paragraph 4 of the policy immediately follows…