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STANDARD MARINE INS. CO. v. WESTCHESTER FIRE INS. CO.

19 F.Supp. 334 (1936)

STANDARD MARINE INS. CO., Limited, v. WESTCHESTER FIRE INS. CO.

District Court, S. D. New York.

On Rehearing April 30, 1937.

Attorney(s) appearing for the Case

Cabell, Ignatius & Lown, of New York City (Hartwell Cabell and Charles L. Gleaves, both of New York City, of counsel), for plaintiff.

Bigham, Englar, Jones & Houston, of New York City (Oscar R. Houston, D. Roger Englar, Paul H. Lacques, and P. J. Kooiman, all of New York City, of counsel), for defendant.

Wendell P. Barker, of New York City (LeRoy B. Iserman, of New York City, of counsel), amicus curiæ.

KNOX, District Judge.

Throughout the period of the Great War, plaintiff, Standard Marine Insurance Company, Limited, a British corporation, and defendant's predecessor, United States Lloyds, an American corporation (hereinafter called the defendant), were largely engaged in the business of insuring marine and war risks. Owing to the hazardous nature of the business, it was desirable that one company should not alone carry the entire liabilities for the risks covered...

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