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URANIA LUMBER CO. v. INSURANCE CO. OF NORTH AMERICA

No. 1485.

177 So.2d 640 (1965)

URANIA LUMBER COMPANY, Ltd., Plaintiff-Appellee, v. INSURANCE COMPANY OF NORTH AMERICA, Defendant-Appellant.

Court of Appeal of Louisiana, Third Circuit.

July 30, 1965.

Attorney(s) appearing for the Case

Lemle & Kelleher, by Carl J. Schumacher, Jr., New Orleans, Martin S. Sanders, Jr., Winnfield, for defendant-appellant.

Jones, Walker, Waechter, Poitevent, Carrere & Denegre, by Charles W. Lane, III, New Orleans, for plaintiff-appellee.

Before TATE, SAVOY, and CULPEPPER, JJ.

TATE, Judge.

This is a suit by a policyholder ("Urania") against its fire insurer ("North America") to recover for a fire loss. North America appeals from adverse judgment. Urania answers the appeal to request statutory penalties.

North America's policy as issued to Urania contained a "distribution clause." It is stipulated that, applying this distribution clause, North America was liable for (using round figures) forty-nine thousand dollars of the fire loss...

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