London & Lancashire Indemnity Co. of America v. Fairbanks Steam Shovel Co.
Ohio Supreme Court
1Opinion of the CourtAllen, J.
The principal contentions made in this action by the defendant in error were that the execution of the indemnity contract was beyond the corporate powers of the defendant corporation, and that the secretary and treasurer was un authorized to make a contract of indemnity on behalf of the defendant corporation. The defendant in error therefore urges, and the lower courts held, that the contract of indemnity which is the basis of the action was invalid.
Consideration of these points requires some review of the admitted facts.
Throughout the course of this opinion the plaintiff in error will be…
2Cases cited40 opinions
- Bank of United States v. DandridgeSupreme Court of the United States · 1827
- Pittsburgh, Cincinnati & St. Louis Railway Co. v. Keokuk & Hamilton Bridge Co.Supreme Court of the United States · 1889
- Gold-Mining Co. v. National BankSupreme Court of the United States · 1878
- Zabriskie v. Cleveland, Columbus, & Cincinnati RailroadSupreme Court of the United States · 1860
- Olcott v. . Tioga Railroad CompanyNew York Court of Appeals · 1863
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