HomeMy WebLinkAbout630153.tiffV
'NLAND MARINE FLOATER POLICY
No. IM 53108893
NF'W
RENEWAL OF NUMEER
Named Ass, red and Address: No.. Street, Town, County, State:
WELD COUNTY
GREELEY
COLORADO
Policy Period: (Mo. Day Yr
From AUGUST 4, 1963 to AUGUST
at noon, standard time a ace of issuance
14, 1963
PACIFIC NATIONAL
*X4.
2VSUIWTCE
COMPANY
$ 319A1) PREMIUM S/R OF 2.00 RATE $ 145,000. AMOUNT
In consideration of the stipulations herein named and of the premium above specified the Company does insure the
above Named Assured, hereinafter called the Assured, whose address is shown above, from the inception date shown
above, at noon (standard time), to the expiration date shown above, at noon (standard time), at place of issuance to an
amount not exceeding the amount(s) above specified, on property described below or in schedule attached.
This policy is made and accepted subject to the foregoing provisions and stipulations and those hereinafter st..ted,
which are hereby made a part of this policy, together with such other provisions, stipulations and agreement . •y be
added hereto, as provided in this policy.
Agency at
GREELEY, COLORADO
PRI
Countersigned: 8/8/63 DMZ
Ptd. in U
OKP2700XG
630153
Agent
1. Misrepresentation and Fraud. This policy shall be
void if the Assured has concealed or misrepresented any
material fact or circumstance concerning this insurance
or the subject thereof or in case of any fraud, attempted
fraud or false swearing by the Assured touching any
matter relating to this insurance or the subject thereof,
whether before or after a loss.
2. Notice of Loss. The Assured shall as soon as prac-
ticable report to this Company or its agent every loss or
damage which may become a claim under this policy and
shall also file with the Company or its agent within
ninety (90) days from date of loss a detailed sworn proof
of loss. Failure by the Assured to report the said loss or
damage and to file such sworn proof of loss as herein -
before provided shall invalidate any claim under this
policy for such loss.
3. Examination Under Oath. The Assured shall sub-
mit, and so far as is within his or their power shall cause
all other persons interested in the property and members
of the household and employees to submit,to examina-
tions under oath by any persons named by the Company,
relative to any and all matters in connection with a claim
and subscribe the same; and shall produce for examina-
tion all books of account, bills, invoices, and other vouch-
ers or certified copies thereof if originals be lost, at such
reasonable time and place as may be designated by the
Company or its representatives, and shall permit extracts
and copies thereof to be made.
4. Valuation. Unless otherwise provided in form at-
tached, this Company shall not be liable beyond the
actual cash value of the property at the time any loss or
damage occurs and the loss or damage shall be ascer-
tained or estimated according to such actual cash value
with proper deduction for depreciation, however caused,
and shall in no event exceed what it would then cost to
repair or replace the same with material of like kind and
quality.
5. Settlement of Claims. All adjusted claims shall be
paid or made good to the Assured within sixty (60) days
after presentation and acceptance of satisfactory proof of
interest and loss at the office of this Company. No loss
shall be paid hereunder if the Assured has collected the
same from others.
6. No Benefit to Bailee. This insurance shall in no
wise inure directly or indirectly to the benefit of any
carrier or other bailee.
7. Subrogation. In the event of any payment under
this policy the Company shall be subrogated to all the
Assured's rights of recovery therefor against any person
or organization and the Assured shall execute and
deliver instruments and papers and do whatever else is
necessary to secure such rights. The Assured shall do
nothing after loss to prejudice such rights.
8. Reinstatement. Every claim paid hereunder reduces
the amount insured by the sum so paid unless the same
be reinstated by payment of additional premium thereon.
9. Pair or Set. It is understood and agreed that, in the
event of loss of or damage to any article or articles which
are a part of a set, the measure of loss of or damage to
such article or articles shall be a reasonable and fair pro-
portion of the total value of the set, giving consideration
CONDITIONS
to the importance of said article or articles, but in no
event shall such loss or damage be construed to mean
total loss of set.
10. Parts. In case of loss or injury to any part of the
insured property consisting, when complete for sale or
use, of several parts, this Company shall only be liable
for the insured value of the part lost or damaged.
11. Sue and Labor. In case of loss or damage, it shall be
lawful and necessary for the Assured, his or their factors,
servants and assigns, to sue, labor, and travel for, in and
about the defense, safeguard and recovery of the prop-
erty insured hereunder, or any part thereof without preju-
dice to this insurance; nor shall the acts of the Assured
or this Company, in recovering, saving and preserving the
property insured in case of loss or damage, be considered
a waiver or on acceptance of abandonment, to the charge
whereof this Company will contribute according to the
rote and quantity of the sum herein insured.
12. Suit Against Company. No suit, action or proceed-
ing for the recovery of any claim under this policy shall
be sustainable in any court of law or equity unless the
same be commenced within twelve (12) months next
after discovery by the Assured of the occurrence which
gives rise to the claim. Provided, however, that if by the
laws of the state within which this policy is issued such
limitation is invalid, then any such claims shall be void
unless such action, suit or proceeding be commenced
within the shortest limit of time permitted by the laws
of such state to be fixed herein.
13. Appraisal. If the Assured and the Company fail
to agree as to the amount of loss, each shall, on the
written demand of either, made within sixty (60) days
after receipt of proof of loss by the Company, select a
competent and disinterested appraiser, and the appraisal
shall be made at a reasonable time and place. The
appraisers shall first select a competent and disinterested
umpire, and failing for fifteen (15) days to agree upon
such umpire, then, on the request of the Assured or the
Company, such umpire shall be selected by a judge of a
court of record in the state in which such appraisal is
pending. The appraisers shall then appraise the loss,
stating separately the actual cash value qt the time of
loss and the amount of loss, and failing to agree shall
submit their differences to the umpire. An award in
writing of any two shall determine the amount of loss;
The Assured and the Company shall each pay his or its
chosen appraiser and shall bear equally the other
expenses of the appraisal and umpire. The Company
shall not be held to have waived any of its rights by any
act relating to appraisal.
14. Cancelation. This policy may be canceled by the
Assured by surrender thereof to the Company or any of its
authorized agents or by mailing to the Company written
notice stating when thereafter such cancelation shall be
effective. This policy may be canceled by the Company by
mailing to the Assured at the address shown in this policy
or last known address written notice stating when not less
than five 15) days thereafter such cancelation shall be
effective. The mailing of notice as aforesaid shall be
sufficient proof of notice. The time of surrender or the
effective date of the cancelation stated in the notice shall
become the end of the policy period. Delivery of such
written notice either by the Assured or by the Company
shall be equivalent to mailing.
(Attach Schedules and Endorsements Here)
If the Assured cancels, earned premiums shall be
computed in accordance with the customary short rate
table and procedure. If the Company cancels, earned
premiums shall be computed pro rata. Premium adjust-
ment may be made at the time cancelation is effected
and, if not then made, shall be made as soon as prac-
ticable after cancelation becomes effective. The Com-
pany's check or the check of its representative mailed or
delivered as aforesaid shall be a sufficient tender of any
refund of premium due to the Assured.
In Witness Whereof, this Company has executed and
unless countersigned by a duly authorized agent of this
Secretary
15. Conformity to Statute. Terms of this policy which
are in conflict with the statutes of the state wherein this
policy is issued are hereby amended to conform to such
statutes.
16. Changes. Notice to any agent or knowledge pos-
sessed by any agent or by any other person shall not
effect a waiver or a change in any part of this policy or
estop the Company from asserting any right under the
terms of this policy, nor shall the terms of this policy be
waived or changed, except by endorsement issued to
form a part of this policy.
,ti
attested these presents, but this policy shall not be valid
Company at the agency hereinbefore mentioned.
President
MISCELLANEOUS PROPERTY FORM
Specified Perils
Attached to and forming part of Policy No.
issued to WELD COUNTY
by PACIFIC NATIONAL INS. CO..
at its Agency located
IM 5310 8893
GREFL EIY COLtiMnp
PROPERTY INSURED. This policy covers property of the Assured or property of others for which the Assuredis legally
liable, all as described below or in attached endorsements.
of the Transamerica Insurance Group
Item
No.
Date V1163
(a) Unscheduled property, subject to a limit of liability of $250.00 on any one item, consisting of:
(b) Property as scheduled below or in attaches{ endorsements.
Each item considered separately insured.
TOTAL $
Amount of
Insurance
Schedule
Give makers name, model, serial No. where applicable Amount
THIS POLICY COVERS $145,000. CONSISTING OF LIVESTOCKS, HORSES, WEARING
APPAREL, WHILE ON EXHIBIT AT BUILDINGS #22, 23, 24, 25, AT ISLAND
GROVE PARK, GREELEY, COLORADO FOR THE PERIOD
AUGUST 4-TH, 1963 TO AUGUST 1iFTH, 1963
IT IS UNDERSTOOD AND AGREED THAT THE SCHEDULE IS ON FILE WITH THE PACIFIC
NATIONAL INSURANCE COMPANY, 433 CALIFORNIA STREET, SAN FRANCISCO, CALIFORNIA
2. PROPERTY EXCLUDED. This policy does not cover:
(a) Accounts, bills, jewelry, precious stones, currency, deeds,evidences of debt, money, notes, securities, plans, blue-
prints, specifications;
(b)—A,riteer s, vehicles licensed for highway use, aircraft, watercraft.
3. WHERE COVERED. This policy covers the property insured only while it is within the Continental United States and
Canada, excluding Alaska and the Panama Canal Zone.
4. PERILS INSURED. Except as hereinafter excluded, this policy covers loss or damage caused directly by fire, lightning,
windstorm, hail, explosion, riot or civil commotion, aircraft, vehicles other than the conveyances actually transporting
the property insured, flood (meaning the rising of natural or man-made bodies of water), bursting of pipes or apparatus,
vandalism, malicious mischief, theft or attempted theft, collision, derailment, upset or overturn of the transporting con-
veyance.
5. PERILS EXCLUDED. This policy does not insure against loss or damage caused by or resulting from:
(a) Delay, loss of market or use, wear and tear, gradual deterioration, depreciation, moth, vermin, inherent vice, me-
chanical or structural breakdown or failure;
(b) Infidelity of Assured's employees or of persons to whom the property insured is entrusted (carriers for hire and
bailees excepted).
(c) Mysterious disappearance or loss or shortage disclosed on taking inventory;
This Form is subject to Additional Conditions Printed oathe Back Hereof
JUM 894
Agent
Additional Conditions Referred to and made a Part of this Form
(d) Any process or loss or damage which arises while the property insured is actually being worked upon and results
therefrom unless fire or explosion ensues, and then only for the loss or damage caused by the ensuing fire or
explosion;
(e) Short circuit or electrical disturbance of any kind (exclusive of lightning) within any electrically equipped unit
unless fire ensues and then only for the loss or damage caused by the ensuing fire;
(f) (1) Hostile or warlike action in time of peace or war, including action in hindering, combating or defending against
an actual, impending or expected attack, (A) by any government or sovereign power (de jure or de facto), or by any
authority maintaining or using military, naval or air forces;or(B)by military, naval or air forces;or(C) by an agent
of any such government, power, authority or forces; (2) any weapon of war employing atomic fission or radioactive
force, whether in time of peace or war; (3) insurrection, rebellion, revolution, civil war, usurped power, or action
taken by governmental authority in hindering, combating or defending against such an occurrence, seizure or de-
struction under quarantine or customs regulations, confiscation by order of any government or public authority, or
risks of contraband or illegal transportation or trade; (4) contamination by radioactive or fissionable materials.
6. DEDUCTIBLE CLAUSE. Each claim for loss of or damage to the property insured arising from theft or attempted theft
shall be adjusted separately and from the amount of each such adjusted claim the sum of $25.00 shall be deducted.
7. VALUATION CLAUSE. This Company shall not be liable beyond the actual cash value of the property at the time any
loss or damage occurs and the loss or damage shall be ascertained or estimated according to such actual cash value
with proper deduction for depreciation however caused, and shall in no event exceedwhat it would then cost to repair or
replace the same with material of like kind and quality.
8. COINSURANCE CLAUSE. This Company shall be liable for no greater proportion of any loss or damage than the amount
hereby insured bears to 100%of the actual value of the property insured hereunder at the time when such loss or damage
occurs.'f thispolicy covers two or more items, this condition shall apply to each item separately,
All Other Terms and Conditions Remain Unchanged
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