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OMAHA PAPER STOCK CO. v. CALIFORNIA U. INS. CO.

No. 41109.

262 N.W.2d 175 (1978)

200 Neb. 31

OMAHA PAPER STOCK COMPANY, Appellee, v. CALIFORNIA UNION INSURANCE COMPANY, Appellant.

Supreme Court of Nebraska.

February 8, 1978.

Attorney(s) appearing for the Case

William J. Brennan, Jr. and C. L. Robinson of Fitzgerald, Brown, Leahy, Strom, Schorr & Barmettler, Omaha, for appellant.

Abrahams, Kaslow & Cassman, Omaha, for appellee.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, McCOWN, CLINTON, and WHITE, J J.

C. THOMAS WHITE, Justice.

Omaha Paper Stock Company, plaintiff and appellee herein, initiated this action to recover on an insurance contract issued by the defendant insurer. Claiming an actual loss of $347,525, the plaintiff attempted to recover the $250,000 policy limit. Trial by jury was waived. The District Court entered judgment in favor of plaintiff in the amount of $121,806.25. The sum of $102,000 of this amount was to cover the actual cash value of the inventory...

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