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. Executive Documents, Minnesota ... - Page 643by Minnesota - 1903Full view - About this book
| Massachusetts - 1899 - 1266 pages
...discussion of the nature of insurance contracts. By St. 1897, c. 66, § 1, an insurance contract is defined to be " an agreement by which one party for a consideration...act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest." It is doubtful whether this... | |
| 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 - Law reports, digests, etc - 1902 - 806 pages
...is, an agreement by 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.... | |
| Massachusetts - Massachusetts - 1895 - 1138 pages
...under the provisions of the section above referred to. That section defines a contract of insurance to be " an agreement by which one party for a consideration...upon the destruction or injury of something in which either party has an interest." The contract in question is for a consideration. It promises to do some... | |
| United States. Court of Claims - Law reports, digests, etc - 1929 - 868 pages
...different times 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 - Law - 1875 - 858 pages
...is an agreement by which one party, for a consideration, promises to make a certain payment of money law : 10. If after the presentation of a bankrnptcy petition against, him or the com In fire insurance and marine insurance the thing insured is property ; in life or accident insurance... | |
| Law reports, digests, etc - 1884 - 948 pages
...that state thus defines 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 - Law reports, digests, etc - 1884 - 880 pages
...at different times 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... | |
| Kansas. Insurance Department - Insurance - 1884 - 354 pages
...that State thus 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... | |
| Law reports, digests, etc - 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,...something in which the other party has an Interest." By the same section it was made "unlawful for any company to make any contract of Insurance upon or... | |
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