State Fire & Marine Insurance v. Porter

The opinion of the court was delivered

by Bead, J.

The memorandum of the insurance and the receipt of the premium, both signed by the agent of the defendants, formed a contract of insurance between the parties. The contract would be assumed to be in conformity to the ordinary form of policy used in the office in Illinois, where the memorandum was made. If no policy was finally drawn out and' executed, a suit could be maintained on the memorandum, and a recovery had for a loss by the perils of the river, which are always insured against in river policies.

On the part of the plaintiff this course…