Claflin v. United States Credit System Co.
Massachusetts Supreme Judicial Court
Contract, upon a written instrument executed by the defendant. At the trial in the Superior Court, before Bond, J., the jury returned a verdict for the plaintiffs; and the defendant alleged exceptions. The facts sufficiently appear in the opinion.
1Opinion of the CourtBarker, J.
The contract in suit, although signed and sealed by the officers of the defendant in the State of New Jersey, was sent by the defendant to its agent in this Commonwealth, and was here delivered. It was made on April 6, 1891, and purports to bind the defendant, in consideration of a sum paid, to purchase at a fixed price the accounts which during one year a certain business firm should have against ascertained insolvent debtors, or judgment debtors against whom execution should be returned unsatisfied.
It is a contract of insurance, within the meaning of the Massachusetts Insurance Act of 1887,…
2Cases cited4 opinions
- Commonwealth v. WetherbeeMassachusetts Supreme Judicial Court · 1870
- Snell v. DwightMassachusetts Supreme Judicial Court · 1876
- Dunham v. PresbyMassachusetts Supreme Judicial Court · 1876
- Riley v. JordanMassachusetts Supreme Judicial Court · 1877
3Cited by34 opinions
- Noble v. Mead-Morrison Manufacturing Co.Massachusetts Supreme Judicial Court · 1921
- Meek v. WilsonMichigan Supreme Court · 1938
- Reed v. JohnsonWashington Supreme Court · 1901
- O'Brien v. SheaMassachusetts Supreme Judicial Court · 1911
- Gleason v. MannMassachusetts Supreme Judicial Court · 1942
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