HARRIS, Chief Justice.
On August 25, 1958, Interstate Fire Insurance Company, appellant herein, executed to Henry Ford, Sr., appellee, its policy insuring the contents of Ford's premises to the extent of actual cash value of the property at the time of any loss, or the amount which it would cost to repair or replace the property with material of like kind and quality, not, however, to exceed $1,500. The schedule recited that the property insured was located in "West...
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