LAZARD BROTHERS & CO., LTD. v. BROOKS.

(1931) 41 Ll L Rep 256

KING'S BENCH DIVISION.

Before Mr. Justice Wright.

Insurance-"In and Out" policy-Agreement by plaintiff bankers to provide A with credit facilities in respect of shipment of hides, plaintiffs to accept drafts drawn by sellers, drafts to be accompanied by invoices and by letters from buyers acknowledging their indebtedness and undertaking to reimburse plaintiffs-Fraud of A and his associates in the transaction-Insolvency of A and his associates-Loss sustained by plaintiffs-Claim under policy covering securities (which by the recital included bills of exchange) "lost mislaid or accidentally destroyed and whether from within or without and whether by officers, clerks, or servants (whether authorised or unauthorised or on salary, commission, share in profits or apprenticed or otherwise) of the [plaintiffs] or by any other person or persons or by the negligence or fraudulent conduct of the said officers, clerks or servants or other person or persons" and "any other loss whatsoever through the theft, fraud, larceny, embezzlement or other dishonesty of or forgery by any such officer, clerk, servant, person or persons"-Meaning of "any other loss whatsoever"-"Other person or persons" - Ejusdem generis rule - Proximate cause of loss-