APPLICATIONS OF ROBERTS COMPANY

No. 524.

128 S.E.2d 137 (1962)

258 N.C. 184

Application of ROBERTS COMPANY for the Appointment of an Umpire Under the Provisions of Fire Insurance Policy No. 675-002 Issued by Central Mutual Insurance Company.

Supreme Court of North Carolina.

November 21, 1962.


Attorney(s) appearing for the Case

Smith, Leach, Anderson & Dorsett, Raleigh, for appellant.

Jordan, Wright, Henson & Nichols, Greensboro, Pittman, Staton & Betts; and McDermott, Cameron & Harrington, Sanford, for appellee.


PER CURIAM.

The Central Mutual Insurance Company (insurer) issued a policy of fire insurance to Roberts Company (insured) on 1 December 1959. The policy covers the contents of 13 separate plants situate in and outside the City of Sanford, North Carolina. It contains a co-insurance clause. In compliance with G.S. § 58-176 it contains an "Appraisal" clause providing in pertinent part the following:

"In case the insured and this Company shall fail to agree...

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