Legal Opinion
Lipman v. Niagara Fire Insurance
New York Supreme Court
Decided May 18, 1888PublishedCited by 4 opinions
Appeal from circuit court, New York county; Abraham R. Lawrence, Justice. This action was brought by Martin Lipman, as surviving partner of Ephraim Karelson, against the Niagara Fire Insurance Company, on a contract of fire insurance. Verdict and judgment for plaintiff, and defendant appeals.
1Opinion of the CourtBrady, J.
On the 2d of September, 1885, the plaintiff instructed certain insurance brokers to procure insurance on their property. The brokers took what is known as a “binding-slip” to the defendant, which was accepted by them, and which is as follows:
“Pell, Wallace & Co., Insurances, 55 Liberty Street.
“New York, September 2, 1885.
“ The undersigned do issue, for account of Shaped Seamless Stocking Co., amounts as specified below, at 1\ for 12 months, from September 2, 1885, on machinery and stock, building No. 3, (as perform, building situate Randall’s island, N. Y.) This receipt binding until policy…
2Cases cited1 opinion
- McLean v. Republic Fire InsuranceNew York Supreme Court · 1869
3Cited by4 opinions
- Springer v. Anglo-Nevada Assurance Corp.New York Supreme Court · 1890
- Gill v. Fidelity Phenix Fire Ins.District Court, E.D. Kentucky · 1933
- Beamud v. Porto Rican & American InsuranceSupreme Court of Puerto Rico · 1926
- Beamud v. Porto Rican & American Insurance Co.Supreme Court of Puerto Rico · 1926