Loud v. Federal Insurance
Michigan Supreme Court
Appeal from Iosco; Connine and Widdis, JJ. Bill by Henry Nelson Loud against the Federal Insurance Company and others to set aside a compromise of an insurance loss, to reinstate certain policies of insurance and other relief. From a decree for plaintiff, defendants appeal.
1Opinion of the CourtStone, J.
The bill of complaint herein was filed to set aside a compromise of a marine insurance loss on the alleged ground of false representations and fraudulent concealment, to reinstate the written abandonment of the steamer in question to the underwriters as a constructive total loss, and .to recover as damages the full amount of insurance.
On May 21, 1910, the plaintiff herein was the owner of a steamer known as the “J. B. Ketcham 2d.” On that day, while on a voyage from Brimley, Mich., near Sault Ste. Marie, to Niagara Falls, N. Y., laden with a cargo of 730 cords of pulp wood, the steamer…
2Cases cited14 opinions
- Grimes v. SandersSupreme Court of the United States · 1876
- Wilbur v. FloodMichigan Supreme Court · 1867
- Fred Macey Co. v. MaceyMichigan Supreme Court · 1906
- Jewett v. PetitMichigan Supreme Court · 1857
- Hubbardston Lumber Co. v. BatesMichigan Supreme Court · 1875
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3Cited by3 opinions
- General Discount Corp. v. SchramDistrict Court, E.D. Michigan · 1942
- Miller v. McGinnisMichigan Supreme Court · 1938
- Scholz v. BoeningMichigan Supreme Court · 1936