National Fire Insurance Company of Hartford v. The Board of Public Instruction of Madison County, Florida, and J. C. Thomas

RIVES, Circuit Judge.

The principal question is the amount recoverable under a fire insurance policy. November 1, 1951, National Fire Insurance Company insured for a term of five years the Board of Public Instruction of Madison County, Florida, against loss by fire of twenty-eight school buildings, each separately valued, and of the contents of some of the buildings, the values totaling $571,500. One of the buildings was the school at Enterprise, four miles south of Lee, Florida, valued at $6,500.00. *372On the list of valuations appeared the following: “Valuation Clause — The insurable value of…