CENTURY INDEMNITY CO. v. SCHMICK

Docket No. 16, Calendar No. 47,036.

351 Mich. 622 (1958)

88 N.W.2d 622

CENTURY INDEMNITY COMPANY v. SCHMICK.

Supreme Court of Michigan.

Decided March 6, 1958.


Attorney(s) appearing for the Case

Crane, Crane, Kessel & Deibel (Benjamin O. Kessel, of counsel), for plaintiff.

Irving M. Hart, for defendant.


KAVANAGH, J.

Plaintiff issued a moneys and securities policy of insurance to the defendant on December 1, 1951, for which the defendant paid a premium of $98.50. The policy covered and protected the defendant from loss by burglary and contained the following exclusion:

"C. The company shall not be liable for loss, destruction or damage caused by: * * * (2) any dishonest, fraudulent or criminal act of the insured or of any officer, employee, partner, director...

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