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" This company shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs, and the loss or damage shall be ascertained or estimated according to such actual cash value, with proper deduction for depreciation however... "
Digest of Insurance Cases - Page 99
1893
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 175

New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1917 - 1196 pages
...part of the foundation. Where a fire insurance policy provides that " The loss or damage * * * shall in no event exceed what it would then cost the insured...repair or replace the same with material of like kind arid quality," the damages should be assessed under said provision, although the assured made repairs...
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The South Western Reporter, Volume 39

Law reports, digests, etc - 1897 - 1220 pages
...proper deduction for depreciation, however caused, nnd shall in no event exceed what it would then cost insured to repair or replace the same with material of like kind and quality. Said ascertainment or estimate shall be made by the insured and this company, or, if they differ, then...
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Transactions of the American Society of Mechanical Engineers, Volume 19

American Society of Mechanical Engineers - Mechanical engineering - 1898 - 1122 pages
...deduction for depreciation, however caused, and shall in no event exceed what it would cost the insurer to repair or replace the same with material of like kind and quality." This sort of valuation is more liberal than any which has been so far discussed. Its theory is that...
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Annual Report of the Commissioner of Insurance of the State of Wisconsin

Wisconsin. Department of Insurance - Insurance - 1898 - 830 pages
...according to such actual cash value, with proper deduction for depreciation however caused, and shall in no event exceed what it would then cost the insured to rcpair or replace the same with material of like kind and quality; said ascertaiument or estimate shall...
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The New York Supplement, Volume 69

Law reports, digests, etc - 1901 - 1256 pages
...property at the time of the fire, "with proper deductions for depreciation, however caused," and shall in no event exceed what it would then cost the insured...the same with material of like kind and quality. It further provides that: "In the event of disagreement as to the amount of loss, the same shall, as above...
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Reports of Cases Determined in the Appellate Courts of Illinois, Volume 94

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - Courts - 1901 - 722 pages
...and rejection of evidence. We do not think so. The policy contained a provision that the loss " shall in no event exceed what it would then cost the insured to repair or replace the same (property destroved »r damaged), with material of like kind and quality." Another provision of the...
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The Northwestern Reporter, Volume 85

Law reports, digests, etc - 1901 - 1264 pages
...otherwise provided by statute"; and then provides that sucb liability should "In no event exceed \vhat It would then cost the Insured to repair or replace the same with material of the lite kind and quality." Section 1941—14, Rev. St. 1898. That is followed by the provision giving...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 106

Tennessee. Supreme Court, William Wilcox Cooke, Joseph Brown Heiskell, Jere Baxter, Benjamin James Lea, George Wesley Pickle, Charles Theodore Cates, Frank Marian Thompson, Charles Le Sueur Cornelius, Roy Hood Beeler - Law reports, digests, etc - 1901 - 804 pages
...no event, exceed what it would then cost the insured Insurance Co. v. Morton-Scott-Robertson Co. tc repair or replace the same with material of like kind and quality. Said ascertainment, or estimate, shall be made by this company and the insured, or if they differ,...
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Pennsylvania Archives

Samuel Hazard, John Blair Linn, William Henry Egle, George Edward Reed, Thomas Lynch Montgomery, Gertrude MacKinney, Charles Francis Hoban - Pennsylvania - 1902 - 838 pages
...according to such actual cash value, with proper reduction for depreciation however caused, and shall in no event exceed what it would then cost the insured...the same with material of like kind and quality.'' All experience tends to prove that this is a wise limitation upon the rights of the insured. Over insurance...
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Reports of Cases Determined by the Supreme Court of Appeals of ..., Volume 49

West Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1902 - 832 pages
...according to such actual cash value, with proper deduction for depreciation, however caused, and shall in no event exceed what it would then cost the insured...replace the same with material of like kind and quality, said ascertainment or estimate shall be made by the insured and this company, or if they differ, then...
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