BARNES, Circuit Judge.
On August 21, 1962, appellants, owners of a retail store in Dededo, Guam, obtained from the appellee, Pacific American Insurance Corporation, a policy of typhoon insurance. On November 11, 1962, the typhoon "Karen" struck the isle of Guam. This "valued" policy was issued in the principal sum of $2,647.61 on store equipment and $22,592.39 on stock in trade, for a period of one year.
Appellants claimed a loss of $22,240, and furnished...
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