Jefferson Mutual Insurance v. Murry
Supreme Court of Arkansas
Appeal from Nevada Circuit Court. STATEMENT BY THE COURT. On October 17, 1901, appellant, Jefferson Mutual Insurance Company, a corporation organized under the laws of this State on the mutual or assessment plan to do a fire insurance business, with its principal office at Pine Bluff, issued its certain policy, whereby it agreed to indemnify plaintiff, A. A. Murry, to an amount not exceeding $1,000, against loss> or damage by fire, as follows: “$825 on a certain stock of…
Read the full summary
Appeal from Nevada Circuit Court. STATEMENT BY THE COURT. On October 17, 1901, appellant, Jefferson Mutual Insurance Company, a corporation organized under the laws of this State on the mutual or assessment plan to do a fire insurance business, with its principal office at Pine Bluff, issued its certain policy, whereby it agreed to indemnify plaintiff, A. A. Murry, to an amount not exceeding $1,000, against loss> or damage by fire, as follows: “$825 on a certain stock of merchandise, etc., $50 on store and office furniture and fixtures, including iron safe— all while contained in the…
1Opinion of the CourtBattle, J.
The effect of so much of the policy and of the note given for the premium as provides that the policy shall be void during the time the policy note, or any part thereof, shall remain, unpaid after it becomes due and payable, and shall so continue until it is fully paid, was to suspend the operation of the policy during the time the notes remained overdue and unpaid, and, upon payment after default, to revive-the policy, and make it again take effect from the time of payment, and continue for the remainder of the period first stipulated for insurance, and to relieve the insurer from any…
2Cases cited1 opinion
- Williams v. Albany City InsuranceMichigan Supreme Court · 1870
3Cited by11 opinions
- American Insurance v. HornbargerSupreme Court of Arkansas · 1908
- Fidelity Mutual Life Insurance v. BussellSupreme Court of Arkansas · 1905
- Patterson v. Equitable Life Assurance SocietySupreme Court of Arkansas · 1914
- German-American Insurance v. HarperSupreme Court of Arkansas · 1905
- Home Life & Accident Co. v. HaskinsSupreme Court of Arkansas · 1922
6 more not listed; retrieve them via the Exa API.