Co-operative Raw Fur Co. v. American Credit Indemnity Co.
Court of Appeals for the Sixth Circuit
In Error to the District Court of the United States for the Eastern District of Michigan; Arthur J. Tuttle, Judge. Action by the Co-operative Raw Fur Company against the American Credit Indemnity Company. Judgment for defendant, and plaintiff brings error.
1Opinion of the Court
HOLLISTER, District Judge.
Plaintiff below (plaintiff in error) was a dealer in raw furs at Detroit. American Credit Indemnity Company insured against bad debts. Plaintiff declared on two indemnity policies (called “bonds”) issued by the defendant to it. The declaration showed that on December 24, 1910, it sold and shipped certain furs to one Annis, who afterwards became" bankrupt. In the event of a recovery the amount was agreed upon.
The term of the first bond was February 1, 1911, to January 31, 1912, and the insurance was against actual loss sustained through the *69insolvency of debtors…
2Cases cited9 opinions
- Isaacs v. United StatesSupreme Court of the United States · 1895
- Alexander v. United StatesSupreme Court of the United States · 1891
- State ex rel. Illinois Cent. R. v. Board of Levee Com'rsSupreme Court of Louisiana · 1902
- Hardesty v. United StatesCourt of Appeals for the Sixth Circuit · 1909
- Walser v. WearSupreme Court of Missouri · 1897
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