Finley v. Lycoming County Mutual Insurance
Supreme Court of Pennsylvania
Error to the District Court of Philadelphia. This was an action of covenant by Richard Einley and Job S. Stanley, lately trading as Einley & Stanley, for the use of Job S. Stanley, against the Lycoming County Mutual Insurance Company, on a policy of insurance against fire, issued to Einley & Stanley, on the 1st April 1851, for $1000 upon a stock of lumber, tools, finished and unfinished work, and machinery, in a factory in West Philadelphia, to continue in force for five…
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Error to the District Court of Philadelphia. This was an action of covenant by Richard Einley and Job S. Stanley, lately trading as Einley & Stanley, for the use of Job S. Stanley, against the Lycoming County Mutual Insurance Company, on a policy of insurance against fire, issued to Einley & Stanley, on the 1st April 1851, for $1000 upon a stock of lumber, tools, finished and unfinished work, and machinery, in a factory in West Philadelphia, to continue in force for five years. The 7th section of the Act of Assembly, incorporating the company, provides that “ when property insured by this…
1Opinion of the Court
The opinion of the court was delivered by
Thompson, J.
— Finley & Stanley, partners in business, effected an insurance on their stock of lumber, tools, finished and unfinished work, and machinery, in a factory in West Philadelphia, in the Lycoming Mutual Insurance Company, on the 1st of April 1851, to continue for five years, and executed their premium note for $200, in addition to the cash payment required. On the 26th of June following, Finley sold out his interest in the property to his copartner, and dissolved the partnership.’ On the 22d February 3 855, the property was destroyed by fire.…
2Cases cited1 opinion
- Howard v. Albany InsuranceNew York Supreme Court · 1846
3Cited by4 opinions
- North River Insurance v. BelcherSupreme Court of Virginia · 1930
- Kompa v. Franklin Fire InsuranceSuperior Court of Pennsylvania · 1905
- Chulek v. United States Fire InsuranceSuperior Court of Pennsylvania · 1906
- Dornblaser v. Sugar Valley Mutual Fire InsuranceSuperior Court of Pennsylvania · 1902