Legal Opinion
Interstate Ice & Power Corp. v. United States Fire Insurance
New York Court of Appeals
Decided June 1, 1926PublishedCited by 18 opinions
1Opinion of the CourtCardozo, J.
The action is brought upon a policy of insurance whereby the defendant insured Machinery Utilities Company, Inc., plaintiff’s assignor, against loss or damage by fire in the sum of $13,000 “ on their unpaid interest in the. complete machinery installed in ice-making plant of C. S. Brady ” at Rocky Mount, North Carolina.
The machinery covered by the policy was sold to Brady by Machinery Utilities Company, Inc., in 1923, under a contract of conditional sale. The price, payable in installments, was to be $15,560, with interest on the deferred payments. “ It is understood that we are to retain…
2Cases cited3 opinions
- Insurance Co. v. StinsonSupreme Court of the United States · 1881
- Excelisor F. Ins. Co. v. . R. Ins. Co. of Liverp'l.New York Court of Appeals · 1873
- Harrison v. HallNew York Court of Appeals · 1924
3Cited by18 opinions
- Standard Accident Insurance v. PellecchiaSupreme Court of New Jersey · 1954
- In Re Lake's Laundry, Inc.Court of Appeals for the Second Circuit · 1935
- In Re Future Manufacturing Cooperative, Inc.District Court, N.D. California · 1958
- Mott v. MoldenhauerAppellate Division of the Supreme Court of the State of New York · 1941
- Richardson v. Providence Washington InsuranceNew York Supreme Court · 1963
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