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dilapidated leaky buildings on the site of which 12,000 SF is
over 100 years old. The buildings are in poor condition and in
fact only 8,000 SF is even safe to use as warehouse.”5 In
November 1993 the local board of assessment appeals rejected the
assessment request.
On March 7, 1994, a part of the roof of the western section
of the south building collapsed. The roof was supported by
wooden trusses, which showed evidence of rot and decay at the
time of the collapse. During the period leading up to the
collapse, the roof of the south building was covered with ice and
snow from extensive storms in the area.
At the time of the collapse, Julicher Sports maintained
insurance on the buildings on the Property through Atlas
Assurance Company (Atlas). The insurance policy lists only
“CORPORATION” (i.e., Julicher Sports) as the “NAMED INSURED”; but
both Julicher Sports and petitioner are listed at the top of the
policy as follows:
JULICHER SPORTS FACILITIES,
INC., HENRY JULICHER, SPORT [sic]
PO BOX 720, 10 BALLIGOMINGO RD
W. CONSHOHOCKEN PA 19428
The policy, which was obtained in 1993, provided replacement
coverage for the north, finger, and south buildings collectively
5 We note that the square footage of the north building was
7,839, and the square footage of the south building (9,324) and
finger building (2,959) totaled 12,283.
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Last modified: May 25, 2011