A contract of insurance is an agreement by which one party for a consideration promises to pay money or its equivalent or to do some act of value to the assured upon the destruction or injury of something in which the other party has an interest... Public Documents of Massachusetts - Page 24by Massachusetts - 1899Full view - About this book
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1902 - 806 pages
...which one party, for a consideration, promises to make a certain payment of money upon the destruction or injury of something in which the other party has an interest. Com. v. Wetherbee, 105 Mass. 149; Franklin Beneficial Ass'n v. Com., 10 Pa. St. 357." People's Mut.... | |
| United States. Court of Claims - 1929 - 868 pages
...during the continuance of the risk, promises to make a certain payment of money, or the destruction or injury of something in which the other party has an interest. In fire and marine insurance, the thing insured is property; in life or accident insurance, it is the... | |
| Herbert Broom, Edward Alfred Hadley - 1875 - 858 pages
...which one party, for a consideration, promises to make a certain payment of money upon the destruction or injury of something in which the other party has an interest. In fire insurance and marine insurance the thing insured is property ; in life or accident insurance... | |
| Kansas. Insurance Department - 1884 - 354 pages
...defines insurance: "A contract by which cue party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the consideration, or the mode... | |
| 1884 - 948 pages
...insurance : "A contract by which one party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the -consideration, or the mode... | |
| Isaac Grant Thompson - 1884 - 880 pages
...during the continuance of the risk), promises to make a certain payment of money, upon the destruction or injury of something in which the other party has an interest. In fire insurance and marine insurance, the thing insured is property ; in life or accident insurance... | |
| 1896 - 1148 pages
...adopted the definition given in Com. v. Wetherbee, 105 Mass. 149, 160, "a contract of Insurance Is an agreement by which one party, for a consideration,...some act of value to the assured upon the destruction or Injury of something in which the other party has an Interest." By the same section it was made "unlawful... | |
| Abraham Clark Freeman - 1891 - 1060 pages
...contract is m agreement by which one party, for a consideration, agrees to pay money upon the destruction or injury of something in which the other party has an Interest: Rerwenhotue v. Sotry, 72 Mich. 604; Quarks v. Clayton, 87 Tenn. 90S; L^t v. Commomaealth, 118 Pa. St.... | |
| Massachusetts - 1894 - 1174 pages
...laws affecting the powers and obligations of such corporations. SECTION 3. A contract of insurance is an agreement by which one party for a consideration...some act of value to the assured upon the destruction or injury of something in which the other party has an interest, and it shall be unlawful for any company... | |
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