Grooms v. Knox

The contract in this case, which it is claimed was a wager and void, was entered into on September 14, 1929. By it appellant “guarantees” to appellee in effect that the entire crop of cotton of appellee that year would yield twenty bales. Appellee had a crop of eotton, which we judicially know was then maturing and in process of “opening,” and that, regardless of what was then its appearance and prospects, it was subject to weather and other conditions which could depreciate the amount of the yield. Appellee therefore sustained a risk of loss in respect to such yield.

Insurance against fire or…