A contract of insurance is an agreement by which one party for a consideration promises to pay money or its equivalent or to do some act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest... Reports of Cases Argued and Determined in the Supreme Court of Tennessee - Page 141by Tennessee. Supreme Court, William Wilcox Cooke, Joseph Brown Heiskell, Benjamin James Lea, Jere Baxter, Charles Theodore Cates, George Wesley Pickle, Frank Marian Thompson, Charles Le Sueur Cornelius, Roy Hood Beeler - 1912Full view - About this book
| Massachusetts - 1899 - 1266 pages
...discussion of the nature of insurance contracts. By St. 1897, c. 66, § 1, an insurance contract is defined to be " an agreement by which one party for a consideration...act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest." It is doubtful whether this... | |
| Massachusetts - Massachusetts - 1895 - 1138 pages
...this is a contract of insurance under the provisions of the section above referred to. That section defines a contract of insurance to be " an agreement...value to the assured, upon the destruction or injury of something in which either party has an interest." The contract in question is for a consideration.... | |
| Law reports, digests, etc - 1896 - 1148 pages
...adopted the definition given in Com. v. Wetherbee, 105 Mass. 149, 160, "a contract of Insurance Is an agreement by which one party, for a consideration,...value to the assured upon the destruction or Injury of something in which the other party has an Interest." By the same section it was made "unlawful for... | |
| Massachusetts - Law - 1894 - 1174 pages
...laws affecting the powers and obligations of such corporations. SECTION 3. A contract of insurance is an agreement by which one party for a consideration...value to the assured upon the destruction or injury of something in which the other party has an interest, and it shall be unlawful for any company to... | |
| Maine. Insurance Department - Insurance - 1895 - 620 pages
...amended, shall read as follows : 'SECT. 1. A contract of insurance, life excepted, is an agreement hy which one party for a consideration promises to pay...value to the assured upon the destruction or injury of something in which the other party has an interest. And the husiness involving the issuance of such... | |
| Tennessee - Session laws - 1895 - 676 pages
...is an agreement'by which one party, for a consider- contract of P . * -i • I , j insurance. ation, promises to pay money or its equivalent, or to do...value to the assured upon the destruction or injury of something in which the other party has an insurable interest, and it shall be unlawful for any company... | |
| Massachusetts - Massachusetts - 1897 - 1184 pages
...meaning of the word as it is understood at common law. Insurance in that statute is denned as follows: "An agreement by which one party for a consideration...value to the assured upon the destruction or injury of something in which the other party has an interest." This definition first appears in St. 1887,... | |
| Massachusetts - 1897 - 1184 pages
...destruction", the word: — loss, — so as to read as follows: — Section 3. A contract of insurance is an agreement by which one party for a consideration...act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest, and it shall be unlawful for... | |
| Massachusetts - Law - 1897 - 1012 pages
...contract of in- n.-iinition of ,11.1 /. - j lusuralice. surance is an agreement by which one party tor a consideration promises to pay money or its equivalent...act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest, and it shall be unlawful for... | |
| Abraham Clark Freeman - Law reports, digests, etc - 1897 - 1046 pages
...the definition given in Commonwealth v. Wetherbee, 105 Mass. 149, 160, "A contract of insurance is an agreement by which one party for a consideration...promises to pay money or its equivalent, or to do same act of value to the assured, npon the destruction or injury of something in which the other party... | |
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