Legal Opinion
Carroll Towing Co. v. Ætna Insurance
Appellate Division of the Supreme Court of the State of New York
Decided November 17, 1922PublishedCited by 5 opinions
1Opinion of the Court
Dowling, J.:
About March 10, 1919, in consideration of the payment of the premium of $429, the defendant insurance company issued in favor of plaintiff a policy of marine insurance covering the steam tug John 0. Carroll in the sum of $6,000 for the period of one year. The policy of insurance contained the following provision:
“It is the Intent of this Insurance Company by this Policy to fully indemnify the insured for this Company’s proportion of all General Average charges, salvage expenses and loss, damage, detriment or hurt to said vessel for which it may be liable under this Policy, against…
2Cited by5 opinions
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