Legal Opinion

Greenwood Ice & Coal Co. v. Georgia Home Insurance

Mississippi Supreme Court

Decided October 15, 1894PublishedCited by 7 opinions

FroM the circuit court of Leflore county. HoN. K. W. WilliamsoN, Judge. This is an action by appellant against appellee to recover on a policy of fire insurance. W. A. Drennan was the local agent for several insurance companies, including appellee, the Georgia Home Insurance Company. He was also a stockholder, director, and vice president of the Greenwood Ice & Coal Company.

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FroM the circuit court of Leflore county. HoN. K. W. WilliamsoN, Judge. This is an action by appellant against appellee to recover on a policy of fire insurance. W. A. Drennan was the local agent for several insurance companies, including appellee, the Georgia Home Insurance Company. He was also a stockholder, director, and vice president of the Greenwood Ice & Coal Company. On February 14, 1893, he issued four policies, aggregating $12,-000, on the buildings and machinery of the appellant company, one of these being the policy sued on. The property insured had originally belonged to the…

1Opinion of the CourtWhitfield, J.

On the testimony in this record, carefully considered as a whole, the jury, if the case had been submitted to them, could not possibly have reached any reasonable conclusion other than that Drennan was a .stockholder in the Greenwood Ice & Coal Company, and a director and the vice president thereof, at the *50time he, as agent of the appellee, issued the policy sued on,, insuring against loss by fire the plant of said Greenwood Coal & Ice Company. He thus occupied antagonistic positions, and, so situated as regarded the Greenwood Ice & Coal Company and the appellee, it is not to be tolerated…

2Cases cited3 opinions

  1. New-York Central Ins. Co. v. . National Protection Ins. Co.New York Court of Appeals · 1856
  2. Planters' Insurance v. MyersMississippi Supreme Court · 1877
  3. New Orleans Insurance v. MatthewsMississippi Supreme Court · 1887

3Cited by7 opinions

  1. Arispe Mercantile Co. v. Capital InsuranceSupreme Court of Iowa · 1907
  2. Harland v. Liverpool & London & Globe InsuranceMissouri Court of Appeals · 1915
  3. Home Insurance v. North Little Rock Ice & Electric Co.Supreme Court of Arkansas · 1908
  4. Dull v. Royal InsuranceMichigan Supreme Court · 1910
  5. Riverside Development Co. v. Hartford Fire Ins.Mississippi Supreme Court · 1913

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