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GUERDON IND., INC. v. FIDELITY & CAS. CO.

Calendar No. 22, Docket No. 50,197.

371 Mich. 12 (1963)

123 N.W.2d 143

GUERDON INDUSTRIES, INC., v. FIDELITY & CASUALTY COMPANY OF NEW YORK.

Supreme Court of Michigan.

Decided September 4, 1963.

Attorney(s) appearing for the Case

Goodman & Shifman (Bernard L. Goodman, of counsel), for plaintiff.

Sweeny, Dodd, Kerr, Wattles & Russell (J. William Phillips, of counsel), for defendant.

SMITH, J.

By stipulation of the parties, the case was submitted on the following agreed statement of facts:

"On April 1, 1960, plaintiff, Guerdon Industries, purchased from defendant, Fidelity & Casualty Company of New York, a comprehensive general and automobile liability policy and paid to the defendant $19,866 as the premium on this policy.

"Under `coverage A' of the insuring agreement, the defendant agreed `to pay on behalf of the insured all...

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