The Superior Court of New York City March 3, 1885 (Merchants' Steamship Co. v. Commercial Mutual Insurance)

Per Curiam.

The policies described the subject of the insurance in the following terms : “On vessel, the body tackle and apparel, and other furniture of the good steamship called the Falcon. . . The said vessel, tackle, etc., hereby insured, are valued at $20,000, on hull, tackle, apparel and other furniture; $20,000 on. boilers and machinery.