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RALPH PERRI, INC. v. METRO. CAS. INS. CO. OF NEW YORK

2 A.D.2d 700 (1956)

Ralph Perri, Inc., et al., Respondents, v. Metropolitan Casualty Insurance Company of New York, Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

June 18, 1956

Order reversed, without costs, and motion granted, without costs.

The policy is effective only while the payroll is in the care of a custodian who, when outside the premises of the insured, "is accompanied by at least * * * 2 guards (1 guard is armed)". The car occupied by the custodian with payroll and a chauffeur, both unarmed, was intercepted by robbers immediately northeast of the junction of Queens Boulevard and Ascan Avenue, Queens County, New York City. Halted...

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