Banco De Sonora v. Bankers' Mut. Casualty Co.
Supreme Court of Iowa
'Appeal from, Polk DistHct Court.— Hon. C. A. Bishop, Judge. The Bankers’ Casualty Company, a corporation organized for the purpose of insuring banks against loss from burglaries, thefts, aud other losses, issued its policy to plaintiff, an incorporated bank located at Hermosillo, Mexico, June 22, 1900. P. Sandoval & Co., a copartnership operating a bank at Nogales, Mexico, acted as agent of the plaintiff in making remittances in the United States, and, as such agent, put in…
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'Appeal from, Polk DistHct Court.— Hon. C. A. Bishop, Judge. The Bankers’ Casualty Company, a corporation organized for the purpose of insuring banks against loss from burglaries, thefts, aud other losses, issued its policy to plaintiff, an incorporated bank located at Hermosillo, Mexico, June 22, 1900. P. Sandoval & Co., a copartnership operating a bank at Nogales, Mexico, acted as agent of the plaintiff in making remittances in the United States, and, as such agent, put in the post office at Nogales, Arizona, immediately across the international line, a package containing $5,000 in Mexican…
1Opinion of the CourtLadd, J.
The contract of insurance was what is known as a “ running policy,” in which the parties, the nature of the property to be covered, and the risk to be assumed are certain, but other prescribed conditions must be observed before'it attaches to specific property. Among other things, it stipulated indemnity for loss of money “ from the time of its deposit and registration at the post office * * * until delivered a,t the place of address to the consignees.” P. Sandoval & Co., acting as agent- of plaintiffs, deposited a package of Mexican currency in the post office at Nogales, Arizona, addressed…
2Cases cited11 opinions
- Scudder v. Union National BankSupreme Court of the United States · 1875
- Norris v. HarrisCalifornia Supreme Court · 1860
- Savage v. . O'NeilNew York Court of Appeals · 1871
- Flato v. MulhallSupreme Court of Missouri · 1880
- Nelson v. Nederland Life InsuranceSupreme Court of Iowa · 1900
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Hunt v. StateSupreme Court of Iowa · 1977
- Billick v. DavenportSupreme Court of Iowa · 1914
- The Hanna NielsenDistrict Court, W.D. Washington · 1928
- Wilson v. Interstate Business Men's Accident Ass'nSupreme Court of Iowa · 1913
- Schneider Leasing, Inc. v. United States Aviation Underwriters, Inc.Supreme Court of Iowa · 1996
6 more not listed; retrieve them via the Exa API.