
    August Rolker and others, Appellants, v. The Great Western Insurance Company.
    The question involved, is the construction to be given to a contract, or open policy of insurance.
    The policy by its terms insured the plaintiffs, “ on account of whom it • may concern, for outward shipments and homeward, to be for account of themselves, and to be consigned to them by invoice and bill of lading. In case of loss, to be paid to them.”
    
      Held, in effect, that the policy included three different kinds of shipments, viz.: Outward, homeward on account of themselves, and shipments consigned to them by invoice and bill of lading; hence, the plaintiffs were entitled to recover the value of a cargo consigned to them for sale, under invoice and bill of lading from a port covered by the policy.
    A construction that will give an unlimited and customary signification to every part of a contract, is to be preferred.
    Appeal from the judgment of the Superior Court of the city of New York.
    The action is upon an open policy of insurance, dated January 17,1857, for $50,000, on cargo, to recover the value of eleven hundred bags of coffee, shipped on the 18th of December, 1856, from Port au Prince to the.port of New York, upon the brig Delafield, by the correspondents of the plaintiffs. The coffee belonged to these correspondents, and was consigned by them, under an invoice and bill of lading, to the plaintiffs, for sale by them as factors, for account of the owners. The Delafield sailed from Port au Prince on the 21st December, 1856, for New York, her port of destination, but was never heard from afterward. The plaintiffs received advices of the shipment from their correspondents on the 6th of February, 1857, and on the same day notified the insurance company of the shipment, and applied to have the same entered as a risk under the policy in a pass boqk kept by the plaintiffs with the company, but the insurance company declined to comply with the request.
    The policy, by its terms, insured “ A. Rolker, Mollman & Go., on account of whom it may concern, for outward shipments and homeward, to be for account of themselves, and to be consigned to them by invoice and bill of lading. In case of loss, to be paid to them.”
    The policy also “made insurance and caused to be insured, lost or not lost, at and from Hew York, to port or ports in the West Indies, and vice versa; also at and from St. Domingo to Philadelphia and Boston, on specie and merchandise, or either, etc. * * Ho outward shipment to be considered insured until approved and indorsed on this policy by this company. * * Homeward shipments to bereported as soon as ascertained. * * Also to cover such other risks as may be approved and indorsed on this policy. * * It is agreed that this policy shall also cover shipments consigned to A. Rolker, Mollman & Co., and addressed to Venre A. Merentie & Co. * * The said goods and merchandise hereby insured are valued at 25c. the dollar of invoice, unless otherwise ordered by shippers before loss occurs.”
    The policy recites that the company have been paid for the insurance at the nominal rate of two per cent, and that the premium on each risk is to be fixed at the time of indorsement, with additions and deductions to conform to the rates of the company when the character of the vessel and the time of sailing are known. “ Risks applicable hereto to be reported to this company for indorsement as soon as known to the assured.”
    The plaintiffs served proof of loss on the company on the 31st December, 1857.
    At the trial the complaint was dismissed, on the defendant’s motion; and, the plaintiffs having excepted, the questions of law so raised were ordered to be heard at the General Term in the first instance, where judgment was rendered for the defendants. The case is now in this court on appeal from that judgment by the plaintiffs.
    
      Wm. F. Allen, for the appellants.
    
      Wm. M. Evarts, for the respondents.
   Leonard, J.

The question in this case turns upon the right interpretation of the language of the policy. The sentence occurring at the beginning, in which the interests to be covered are sought to be described, is badly constructed, and some alteration of punctuation or language is necessary in order to make it accurately express the meaning which either party seek to attach. Are the words “ and to be consigned to them by invoice and bill of lading,” to be construed so as to diminish or enlarge the remedy of the plaintiffs under the policy, in the case of loss by the perils insured against on homeward shipments ?

The meaning attached to this sentence by the plaintiffs requires it to be read as if three separate kinds or description of shipments were included, and that it should read, in effect, as if constructed in the following manner: “The Great Western Insurance Company insure A. Rolker, Hoffman & Co., on account of whom it may concern, for outward shipments, and homeward shipments for account of themselves, and shipments consigned to them by invoice and bill of lading.”

This reading maintains the punctuation as it occurs in the policy, or, at least, requires no alteration in it, and drops the words “ to be,” which are twice used in the sentence.

The reading insisted on by the defendants requires a change in the punctuation so as to place the comma after the word “ shipments,” and claims all that follows the word “ homeward ” to have been used as a description or qualification of the interests insured, and requiring such interests to be for account of the plaintiffs, and also to be such as are consigned to them in a particular manner only, viz., both by invoice and bill of lading.

The latter reading confirms the liability of the company, even in the case of the aqtual ownership of the shipments by the plaintiffs, to the form of the indicia of ownership, as manifested by the bill of lading and invoice, and makes the words “to be for account of themselves,” not only as a qualification or description of the “homeward shipments,” but also to prevent the application of the words, “ on account of whom it may concern,” to any part of the latter portion of the sentence. It in effect excludes consignments to the plaintiffs for sale, or of which the plaintiffs are not the actual owners, from the operation of the policy.

The defendants urge, as' a reason for the construction insisted on by them, that, as to outward shipments, whether for account of the plaintiffs or othdr parties, the company retained control, in its power of approving or rejecting a shipment, while, as to homeward shipments, this power not being retained, it was essential to limit the risks which they were willing to assume to such goods as were actually owned by the plaintiffs, and were accompanied by certain indicia. It was clearly to the defendants’ advantage so to limit their risk; but the question is, have they done so % The stipulation in the policy, that the rate of two per cent on the whole sum of $50,000 which they had been paid, was nominal, and that the premium on each risk was subject to additions and deductions to conform to the rates of the company, when the character of the vessel and the time of sailing should be known, appears to be a sufficient protection, and the exercise of a sound discretion under this clause to be more in conformity with the interests and the practice of insurance companies, than the exclusion of a whole class of marine risks, which are ordinarily considered desirable at suitable rates. The provision of the policy, that homeward shipments are to be reported as soon as ascertained, carries a strong suggestion that shipments of an unknown or unexpected character, such as consignments for sale, would be made. It is apparent that the reason suggested by the defendants is not at all conclusive.

It is also urged, by the defendants, that the provision “to cover such other risks as may be approved and indorsed on this policy” must have been added in reference to homeward shipments for account of consignors which the plaintiffs might desire to insure, and which the' company might see fit to cover. This argument would have more force if the policy were not limited to voyages between the-West Indies and Hew York, and' St. Domingo and Philadelphia and Boston. The plaintiffs might have other homeward consignments from ports in South America, or various other foreign ports, which the parties might agree upon insuring, and to ■which this clause might as well refer as to the subject suggested by the argument.

The clause in reference to consignments to Bolker, Moll-man & Co., addressed to Yenre A. Merentie & Co., is also referred to as strongly maintaining the position of the defendants. It must be observed, however, that such consignments are not homeward shipments consigned to the plaintiffs by invoice and bill of lading, and not, therefore, within the description of interests covered by any interpretation contended for under the first clause of the policy. It required the special clause inserted on this subject, in order to cover shipments so made, without a new special agreement after they had been ascertained and reported.

It is said, also, that the clause on account of whom it may concern ” applies only to outward shipments, because such application satisfies their use, and the other words, for account of themselves,” as limiting the class of homeward shipments, would be utterly insensible. This argument assumes that there are only two descriptions of interests covered, and that homeward shipments only are included when they are for account of the plaintiffs exclusively. An interpretation which admits that the policy covers three classes of interests, viz., shipments outward, homeward for their own account, and on consignment by invoice and bill of lading, will make the whole harmonious, and free from any antagonistic force requiring one clause to defeat or impair the sense of the other.

The words “ for account of themselves,” by such a construction, are relevant to describe a class of homeward shipments, and leaves the former clause to its unrestricted signification. .

A construction which will give an unlimited and customary signification to every part of á contract is to be preferred.

It is also said that at the time the risk'was notified to the company, it was not insurable except at a rate of premium adjusted to the fact of the vessel being out of time.

It is not in evidence what is the usual time of a sailing vessel from Port au Prince to ¡New York; but, assuming that the Delafield was out of time, it was incumbent on the defendants to take the risk, in “ conformity to the rates of the. company, when the character of the vessel and time of sailing are known,” pursuant to the terms of the policy providing for such a case.

The defendants, when the shipment was ascertained and ' they were notified of it, and applied to for the purpose of entering it on the pass-book as an admitted risk under the policy, refused to do so, and refused to give any reason for their refusal. The plaintiffs gave all the facts in their notice— the name of the vessel, when and where built, and the time of sailing. There was no deception, no attempt to impose on the company as to the facts. If the vessel was out of time it was for the company to mention it, and claim its rights as to the premium. The plaintiffs appear to be in no fault in this respect.

These were all the considerations urged at the argument of this appeal by the learned and very able counsel for the defendants, to sustain the restricted construction which saves the company from liability for the loss of the shipment by the Delafield.

The shipment was consigned to the plaintiffs by invoice and bill of lading, and although it was not the property of the plaintiffs, there are sufficient considerations, in my opinion, to hold the risk to be included within the intent of the parties, and the meaning and terms of the contract.

The custom is well understood that factors insure the property of their consignors, both against marine risks while in transit to, them, and against fire while in their custody. The factor has an insurable interest in both cases. But in the present case the plaintiffs procure general words to be inserted in the policy, “for account of whom it may concern,” which will cover their own property, and that which they have an interest in as factors only, and obtain the further stipulation, that in case of loss it is to be paid to them. Had the defendants intended the restricted signification now insisted on, they would have employed much more definite terms. The policy should read that the company insure “ homeward shipments which are for account of themselves and consigned to them by invoice and bill of lading,” if they intended so to limit their liability. The. company have employed words which are capable of a more favorable reading for the insured, and they should be held to have intended the most liberal meaning of which the language is reasonably susceptible, as it was chosen by themselves.

As before remarked, the words “ on account of whom it may concern,” are not inconsistent with the words “for account of themselves,” when the latter words are considered as merely words of description applying to the homeward shipments ; using the words “to be consigned to them by invoice and bill of lading ” as descriptive of another class of shipments, not for account of the plaintiffs, the former stipulation, making the policy for account of whom it may concern, again becomes operative and important. The word “ consigned,” in its commercial sense, carries a decided implication that the property consigned is not the property of the consignee. The invoice carries no necessary implication of ownership. It is well understood that an invoice usually accompanies goods that are consigned to a factor for sale as well as in the case of a purchaser.

A fair and liberal construction of the language of the policy includes the coffee consigned to the plaintiffs and shipped by the Delafield; and, in my opinion, the judgment should be reversed and a new trial ordered, with costs to abide the event.

Porter, Morgan, Peckham and Smith, JJ., concurred with Leonard, J.; Davies, Ch. J., and Hunt, J., were for affirmance ; Wright, J., not voting.

Judgment reversed, and new trial ordered.  