Burnham & Van Shaick v. N. W. Ins.
Supreme Court of Iowa
Appeal from Wvnneshiék District Gov/rt. On the 21st of July, 1868, the plaintiffs filed in the Winneshiek district court a petition, stating in substance that the defendant, the N. W. Ins. Co. of Decorah, Iowa, was duly organized and incorporated under the laws of Iowa, and did, on the 19th day of September, 1867, at the city of Chicago, Illinois, insure the property of plaintiffs against loss or damage by fire, to the amount of $5,000 for the term of one year.
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Appeal from Wvnneshiék District Gov/rt. On the 21st of July, 1868, the plaintiffs filed in the Winneshiek district court a petition, stating in substance that the defendant, the N. W. Ins. Co. of Decorah, Iowa, was duly organized and incorporated under the laws of Iowa, and did, on the 19th day of September, 1867, at the city of Chicago, Illinois, insure the property of plaintiffs against loss or damage by fire, to the amount of $5,000 for the term of one year. That plaintiff’s property was destroyed by fire to the amount of over $5,000, of which due proof was made and the same has not been…
1Opinion of the CourtDay, J.
-The allegation of the defendant Combs that the two mortgages executed by him were merely for the purpose of enabling the company to make such statements as would allow it to do business in other States, is not sustained by the proof. Combs became a member of the company in the latter part of 1866 or the fore part of 1867, and was president of the company from June, 1867, until within a few weeks of the appointment of the receiver, which occurred in June, 1868.
*636On the 14th day of October, 1867, Combs and wife executed to the company the two mortgages described, the conditions of which are the…
2Cited by4 opinions
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- Hoyt v. HampeSupreme Court of Iowa · 1925
- Lex v. Selway Steel CorporationSupreme Court of Iowa · 1925
- Singer, Nimick & Co. v. GivenSupreme Court of Iowa · 1883