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REILLY-BENTON CO., INC. v. LIBERTY MUTUAL INS. CO.

No. 52518.

278 So.2d 24 (1973)

REILLY-BENTON COMPANY, INC. and the Peabody Corporation, Plaintiffs-Appellants-Applicants, v. LIBERTY MUTUAL INSURANCE COMPANY, Defendant-Appellee-Respondent.

Supreme Court of Louisiana.

May 7, 1973.

Attorney(s) appearing for the Case

Deutsch, Kerrigan & Stiles, Frank J. Peragine, James A. Burton, New Orleans, for plaintiffs-applicants.

Jones, Walker, Waechter, Poitevent, Carrere & Denegre, James R. Murrell, III, New Orleans, for defendant-respondent.

CALOGERO, Justice.

Reilly-Benton, Inc. and an allied company, The Peabody Corporation filed this lawsuit seeking to recover $13,066.08, being the unpaid portion of a fire loss to furniture, fixtures, and an inventory of mercantile stock stored in a warehouse located in Baton Rouge and insured under a Special Multi-Peril Insurance policy by the defendant, Liberty Mutual Ins. Co.1 Invoking a penalty provision of the policy, the defendant...

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