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TINGUARO SUGAR CO. v. KNICKERBOCKER INS. CO.

16 F.2d 127 (1926)

TINGUARO SUGAR CO. v. KNICKERBOCKER INS. CO. OF NEW YORK.

District Court, S. D. New York.

January 4, 1926.

Attorney(s) appearing for the Case

Douglas, Armitage & McCann, of New York City, for plaintiff.

Fox & Weller, of New York City (Robert J. Fox and Robert P. Schur, both of New York City, of counsel), for defendant.

WINSLOW, District Judge.

I think the insurance policy, on which this action is based is in terms a valued policy. A definite method is provided in the typewritten rider attached to the policy for ascertaining the loss. To adopt the theory of the defendant as to the manner in which the loss should be ascertained would be to disregard entirely and make nugatory the provisions of a carefully prepared contract. If the market had gone differently, the defendant probably...

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