Boston Insurance Company v. The Farmers Bank
Cases that cite this one
1 later published case cites this decision.
- National Labor Relations Board v. United Brotherhood of Carpenters and Joiners of America, Millmen's Local 824 Afl-Cio (6th Cir. 1957)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion
245 F.2d 241
BOSTON INSURANCE COMPANY, Citizens Insurance Company of New
York, Milwaukee Insurance Company of Milwaukee, Wisconsin,
New York Underwriters Insurance Company, North British &
Mercantile Insurance Company, Ltd., and United States Fire
Insurance Company, Appellants,
v.
The FARMERS BANK, Appellee.
No. 13022.
United States Court of Appeals Sixth Circuit.
April 30, 1957.
Ogden, Galphin & Abell, Louisville, Ky., for appellants.
Stoll, Keenon & Park, Lexington, Ky., B. T. Moynahan, Nicholasville, Ky., for appellee.
Before ALLEN, McALLISTER and STEWART, Circuit Judges.
PER CURIAM.
This is an appeal from a declaratory judgment holding the appellant insurers liable for the full face amount of their policies covering losses to the appellee's property caused by an explosion. The issue is whether the provisions of the apportionment clauses contained in the appellants' policies were operative, by reason of the existence a banker's blanket bond insurance policy, the face value of which, combined with that of the appellants' policies, exceeded the amount of the loss. The district court held that the banker's blanket bond policy was applicable only to the extent that the loss exceeded the face amount of the appellants' policies, and that the apportionment clauses were therefore inapplicable. Despite the ingenious argument of able counsel, we are not persuaded that the district court's conclusion was in error.
The judgment is therefore affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.