Murray v. Great Western Insurance
New York Supreme Court
Appeal from circuit court, New York county. Action by Joseph K. Murray, as trustee for mortgage bondholders of the steamship Cleopatra, against the Great Western Insurance Company, on a marine policy of insurance. From a judgment entered on a verdict in plaintiff’s favor, and from an order denying a motion for a new trial, made on the minutes, defendant appeals..
1Opinion of the CourtFollett, J.
This action was brought to recover on a marine policy of insurance, by which the defendant insured the Cleopatra against perils of the sea for one year from September 16, 1878,. for $9,000, under a policy in which the vessel was valued at $75,-000. The policy was taken out by and in the name of the owners-of the ship; but, by an indorsement, the loss, if any, was made payable to the plaintiff, as trustee for certain mortgage bondholders.. The vessel was also insured by other underwriters for $38,000. The Cleopatra was a wooden steamship, of about 1,045 tons burden,, built in 1865. In August,…
2Cases cited12 opinions
- The Patapsco Insurance Company v. SouthgateSupreme Court of the United States · 1831
- Bradlie v. the Maryland Insurance CompanySupreme Court of the United States · 1838
- Peeks v. Merchants' Ins. Co.U.S. Circuit Court for the District of Massachusetts · 1822
- People, Ex Rel. Mayor, Etc. v. . McCarthyNew York Court of Appeals · 1886
- American Insurance v. Ogden & McCombNew York Supreme Court · 1838
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3Cited by1 opinion
- Soelberg v. Western Assur. Co.Court of Appeals for the Ninth Circuit · 1902