Legal Opinion

Goodman v. Mercantile Credit Guarantee Co.

Appellate Division of the Supreme Court of the State of New York

Decided July 1, 1897PublishedCited by 6 opinions

Appeal "by the defendant, The Mercantile Credit Guarantee Company of'New York, from a judgment of the Supreme Court in favor of the plaintiffs, entered in the office of the clerk of the county of New York on the Ith day of March, 1896, upon the verdict of a jury, and also from an order entered in said clerk’s office on the 11th day of March, 1896, denying the defendant’s motion for a new trial.

1Opinion of the Court

Barrett, J.:

The action is brought upon a policy of credit insurance, and the plaintiffs have recovered a verdict for the full amount claimed. Several objections are made to the recovery, which we will consider in order.

1. By the policy in question the defendant insures the plaintiffs “ to an amount not exceeding fifteen thousand dollars, against loss sustained by reason of the insolvency of debtors owing the indemnified for merchandise sold and delivered in the regular course of business, between the first day of September, 1892, at twelve o’clock noon, and the first day of September, 1893,…

2Cases cited2 opinions

  1. Mussey v. NoyesSupreme Court of Vermont · 1854
  2. Latham v. de LoiselleAppellate Division of the Supreme Court of the State of New York · 1896

3Cited by6 opinions

  1. Kerrigan v. BackusAppellate Division of the Supreme Court of the State of New York · 1902
  2. Horan v. Klein's-Sheridan, Inc.Appellate Court of Illinois · 1965
  3. People v. Mercantile Credit Guarantee Co.Appellate Division of the Supreme Court of the State of New York · 1900
  4. Kerrigan v. BackusAppellate Division of the Supreme Court of the State of New York · 1902
  5. People v. Mercantile Credit Guarantee Co.Appellate Division of the Supreme Court of the State of New York · 1900

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