Sossaman v. Pamlico Banking & Insurance
Supreme Court of North Carolina
Civil Action to recover the amount of a Fire Insurance Policy tried at Fall Term, 1877, of Iredell Superior Court, •before Cloud, J. The plaintiff insured with the defendant a certain stock of goods which he then had in a certain store house in Iredell County, against damage by fire, from noon on ■the 20th of November, .1875, to noon on the same day, 1876. On the,16th of November, 1876, the stock of goods was totally destroyed by fire.
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Civil Action to recover the amount of a Fire Insurance Policy tried at Fall Term, 1877, of Iredell Superior Court, •before Cloud, J. The plaintiff insured with the defendant a certain stock of goods which he then had in a certain store house in Iredell County, against damage by fire, from noon on ■the 20th of November, .1875, to noon on the same day, 1876. On the,16th of November, 1876, the stock of goods was totally destroyed by fire. The policy of insurance contained among other terms and conditions the following; ■“ Y. When property (insured by this policy) or any part thereof shall be…
1Opinion of the CourtRodman, J.
(After stating the facts as above.) To cite ,and analyze the numerous cases to which we were referred on the argument, would be a labor without any useful result. They may be found collected in May on Insurance and in the'briefs of the counsel. They generally turn on the language of the condition under which a forfeiture of the policy is claimed to have been incurred. It has been held that under a condition against alienation, no forfeiture is incurred by mortgage of the property, at least not until foreclosure, although the right to redeem has been lost at law’and turned into an equity. This…
2Cited by6 opinions
- Gerringer v. North Carolina Home InsuranceSupreme Court of North Carolina · 1903
- Biggs v. Insurance Co. (North Carolina Home)Supreme Court of North Carolina · 1883
- Modlin v. Atlantic Fire InsuranceSupreme Court of North Carolina · 1909
- Watson v. North Carolina Home InsuranceSupreme Court of North Carolina · 1912
- United States v. Farmers Mutual Insurance Ass'n of Kiron, IowaDistrict Court, N.D. Iowa · 1960
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