Legal Opinion
Insurance Co. v. Chase
Supreme Court of the United States
Decided February 13, 1867PublishedCited by 46 opinions
1Opinion of the Court 1
72 U.S. 509 (____)
5 Wall. 509
INSURANCE COMPANY
v.
CHASE.
Supreme Court of United States.
Messrs. Fessenden and Butler, for the plaintiff in error.
Mr. John Rand, contra.
2Opinion of the Court · DavisJustice Davis
A recovery in this case is strenuously resisted, because it is said the individual interest of William Chase was insured, and not his interest as a trustee; and, as his only interest was that of a trustee, it follows that the contract of insurance was a gaming one, and void from considerations of public policy.
A contract of insurance, is intended to indemnify one who is insured against an uncertain event, which, if it occurs, will…
3Cases cited2 opinions
- The Columbia Insurance Company of Alexandria, in Error v. Joseph W. Lawrence, Who Survived Thomas PoindexterSupreme Court of the United States · 1836
- Columbian Insurance Co. of Alexandria v. LawrenceSupreme Court of the United States · 1829
4Cited by46 opinions
- Penn Mut. Life Ins. v. Mechanics' Savings Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1896
- Baird v. Fidelity-Phenix Fire Ins. Co.Tennessee Supreme Court · 1942
- Harrison v. FortlageSupreme Court of the United States · 1896
- Berry v. American Central Insurance Co. of St. LouisNew York Court of Appeals · 1892
- American Central Ins. v. McLanathanSupreme Court of Kansas · 1873
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