The vaudeville theatre, building, operation, management (1918)

Record Details:

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this man, and rendered a verdict against it. Both the sign company and the theatre were made parties to the suit, and it was the theatre which paid the loss. A simple "rider" attached to the public liability insurance policy would have protected the theatre against this loss, and saved it the considerable expense of defending the suit. A bonding company declined to make good a treasurer's loss on the ground that he was not provided with adequate means for taking care of his money. Reading the policy brought out the fact that the insurance was effective ONLY if the treasurer was provided with a suit- able iron safe in which to keep his funds. Endless multiplication of such cases could be cited; but the point desired to be made is that policies should be carefully read and un- derstood, and clauses inserted to make the pro- tection accorded complete. The insurance com- panies do not wish to evade their responsibilities, or take refuge in technicalities, but they do ob- ject to policies being construed as giving more protection than is clearly undertaken by their written terms, and will generally go into court to defend themselves against loss on a risk that they have not specifically and in writing assumed. 288