Superior Court of Delaware March 18, 1941 (Laird v. Employers Liability Assurance Corp.)

Layton, Chief Justice:

The plaintiffs conduct a stock brokerage business. The defendant insured them against losses arising from having sold as agent or broker for another any securities, as defined in the policy, “which shall have been forged, counterfeited, raised or otherwise altered, or lost or stolen”.

Francis I. duPont & Co.