STANDARD MARINE INS. CO. v. ASSUR. CO.

No. 261.

283 U.S. 284 (1931)

STANDARD MARINE INSURANCE COMPANY, LIMITED, v. SCOTTISH METROPOLITAN ASSURANCE COMPANY, LIMITED.

Supreme Court of United States.

Decided April 13, 1931.


Attorney(s) appearing for the Case

Mr. Russell T. Mount for petitioner.

Mr. T. Catesby Jones, with whom Mr. James W. Ryan was on the brief, for respondent.


MR. JUSTICE STONE delivered the opinion of the Court.

Dreyfus & Co. purchased wheat at $1.38 1/2 a bushel, c.i.f. Montreal. The wheat was shipped on the S.S. "Glenorchy" from Port Arthur to Montreal by the seller, who had insured it, with respondent, for buyer's account, at a valuation of $1.42 a bushel, the risk to begin immediately after the loading of the vessel. Dreyfus also effected insurance, with petitioner, covering...

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