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" 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 or injury of something in which the other party has an interest... "
Annual Report of the Superintendent of Insurance of the State of Kansas - Page 7
by Kansas. Insurance Department - 1884
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 128

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1902 - 806 pages
...is, an agreement by which one party, for a consideration, promises to make a certain payment of money upon the destruction or injury of something in which the other party has an interest. Com. v. Wetherbee, 105 Mass. 149; Franklin Beneficial Ass'n v. Com., 10 Pa. St. 357." People's Mut....
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Public Documents of Massachusetts, Volume 1

Massachusetts - 1895 - 1138 pages
...him employment for ten weeks at a fixed compensation. It further promises to furnish this employment upon the destruction or injury of something in which the other party has an interest, to wit, his prior contract of employment. This contract of employment, upon the destruction of or injury...
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Cases Decided in the Court of Claims of the United States, Volume 66

United States. Court of Claims - 1929 - 868 pages
...different times during the continuance of the risk, promises to make a certain payment of money, or the destruction or injury of something in which the other party has an interest. In fire and marine insurance, the thing insured is property; in life or accident insurance, it is the...
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The Insurance Law Journal, Volume 10

1881 - 968 pages
...payments, by another." The Supreme Court of Massachusetts defined it to be " a contract by which one party promises to make a certain payment upon the...something in which the other party has an interest, whatever may be the terms of payment of the consideration or the mode of estimating or securing payment...
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Commentaries on the Laws of England, Volume 2

Herbert Broom, Edward Alfred Hadley - 1875 - 858 pages
...is an agreement by which one party, for a consideration, promises to make a certain payment of money law : 10. If after the presentation of a bankrnptcy petition against, him or the com In fire insurance and marine insurance the thing insured is property ; in life or accident insurance...
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The Pacific Reporter, Volume 2

1884 - 990 pages
...105 Mass. 149, the supreme court •of that state thus defines insurance : "A contract by which one party promises to make a certain payment upon the...insurance, whatever may be the terms of payment of the conBideration, or the mode of estimating or securing payment of the sum to be insured in ease of loss."...
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The American Reports: Containing All Decisions of General ..., Volume 46

Isaac Grant Thompson - 1884 - 880 pages
...at different times during the continuance of the risk), promises to make a certain payment of money, upon the destruction or injury of something in which the other party has an interest. In fire insurance and marine insurance, the thing insured is property ; in life or accident insurance...
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Digest of Insurance Cases: Embracing the Decisions of the Supreme and ...

John Allen Finch - 1897 - 476 pages
...a consideration, promises to pay money or its equivalent, or to do some act of value to the assured upon the destruction or injury of something in which the other party has an interest." Same— Foreign Company Right to do Business— Illegality of Contracts.— The Massachusetts Insurance...
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The American and English Encyclopedia of Law, Volume 11

John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland - 1890 - 1210 pages
...Common Law, 299. A contract by which, for a consideration, one promises to make a certain payment on the destruction or injury of something in which the other party has an interest, whatever the terms of payment of the consideration or the mode of estimating or securing payment of...
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The American State Reports: Containing the Cases of General Value ..., Volume 20

Abraham Clark Freeman - 1891 - 1060 pages
...— An insurance contract is m agreement by which one party, for a consideration, agrees to pay money upon the destruction or injury of something in which the other party has an Interest: Rerwenhotue v. Sotry, 72 Mich. 604; Quarks v. Clayton, 87 Tenn. 90S; L^t v. Commomaealth, 118 Pa. St....
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