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[[stamped]]TRIPLICATE[[/stamped]]
[[stamped]]ORIGINAL, DUPLICATE AND TRIPLICATE ISSUED 
ONE OF WHICH BEING ACCOMPLISHED THE 
OTHER TO STAND NULL AND VOID. [[/stamped]]

[[preprinted]]
CERTIFICATE OF INSURANCE. 
FEDERAL INSURANCE COMPANY, 
INCORPORATED UNDER THE LAWS OF NEW JERSEY. 

$ ^[[4500.]]
No. ^[[F318231]]

CHUBB & SON, Managers, 
No. 1 MONTGOMERY STREET, JERSEY CITY, N.J. 
AND
5 & 7 SOUTH WILLIAM STREET, NEW YORK CITY, N.Y. 

NEW YORK, ^[[July 7th,1925]] 

This is to Certify, That on ^[[July 7th,1925]] 
this Company insured under Policy No ^[[767]] 
for ^[[Hirschbach & Smith]]
the sum of ^[[Four thousand, five hundred]] ^[[initials]] Dollars in Gold, 
on ^[[1 Painting on Wood in three sections]] 
valued at ^[[Sum Insured]] shipped on board of the ^[[S/S" Cabo Hatteras"]] 
at and from ^[[New York to Barcelona]] 
and it is hereby understood and agreed, that in the case of loss, such loss is payable to the Order of ^[[Hirschbach & Smith]] at ^[[Barcelona]] on surrender of this Certificate. 

This Certificate represents and takes the place of the Policy, is subject to all the terms thereof, and conveys all the rights of the Original Policy-holder (for the purpose of collecting any loss or claims), as fully as if the property were covered by a Special Policy direct to the holder of this Certificate, and free from any liability for unpaid premiums.

Warranted free of capture, seizure, arrest, restraint, or detainment, and the consequences thereof or of any attempt thereat and whether as an act of war or by civil authority or by any person or persons whatsoever, lawless or otherwise, piracy excepted; and also free from all consequences of hostillities or war-like operations, whether before or after declaration of war.

Warranted free of loss or damage caused by strikers, locked-out workmen, or persons taking part in labor disturbances or riots or civil commotions.

It is hereby understood and agreed that in all cases of Loss or Damage happening to the interest insured under this Certificate, the same shall be reported promptly to the Agents of the Company, Exchange Buildings, Liverpool, or to the nearest Agency of the Company, (see list printed on back of Certificate).

It is hereby agreed, that any loss or claim under this Certificate, shall be paid in sterling at the current rate of exchange at the offices of the Agents of the Company, B. 4, Exchange Buildings, Liverpool, or at any Agency of the Company, if so agreed when the Certificate is issued. (see list on back hereof).

Claims to be adjusted according to the usages of Lloyds, but subject to the conditions of the Policy and Contract of Insurance.

Notice - To conform with the Revenue Laws of Great Britain, in order to collect a claim under this Certificate, it must be stamped within ten days after its receipt in the United Kingdom.

Countersigned, ^[[H. Edgar Chubberson]] Managers.
[[line]]

CONDITIONS 
^[[Covering against all risks of transportation and/or navigation including theft and/or pilferage and/or non-delivery and/or breakage howsoever caused, including fresh water damage. ]]
[[stamped]]THIS INSURANCE IS ALSO SUBJECT TO CONVENTIONS 
EXPRESSED IN PRINTED FORM ATTACHED.]]
[[initials]]
[[line]]

Marks and Numbers 
^[[JS 383 Barcelona Louis Plandura Riveriera #6
Barcelona,Spain]] 

^[[PS) Nathan Joseph & Co. 45 John St.]]



[[/preprinted]]