Reports of All the Published Life And Accident Insurance Cases
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2d. That the claim was contingent and conditional, depending on the timely renewal of the contract by payment of the premium, — the non-violation of any of the con- ditions as to going beyond the limits of Europe, &c. Such a debt could not be made the subject of arrestment.
Strachan, besides disputing that the letter of the late Robert Strachan was equivalent to an assignation, pleaded, 1st. That, as the contents of a policy could be assigned, they must be subject to the diligence of arrestment... ; and as Mr. Strachan became of the company by the terms of the policy, its contents were as much arrestable as the share of a partner in any other company.
2d. That a debt, though contingent, might be attached by arrest- ment, and sums covered by marine policies frequently were so, although no intelligence of the loss of the ship might have ar- rived ; and as Strachan died before any new premium fell due after the arrestment, dies cesserat, at the date when the arrest- ments were used.
The lord ordinary reported the cause on cases.^ 1 The lord ordinary is inclined to think that the claim of John Strachan is well founded, for the reasons assigned in his case.
What to read after Reports of All the Published Life And Accident Insurance Cases?
You can find similar books in the "Read Also" column, or choose other free books by Bigelow, Melville Madison, 1846-1921 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
2d. That the claim was contingent and conditional, depending on the timely renewal of the contract by payment of the premium, — the non-violation of any of the con- ditions as to going beyond the limits of Europe, &c. Such a debt could not be made the subject of arrestment.
Strachan, besides disputing that the letter of the late Robert Strachan was equivalent to an assignation, pleaded, 1st. That, as the contents of a policy could be assigned, they must be subject to the diligence of arrestment... ; and as Mr. Strachan became of the company by the terms of the policy, its contents were as much arrestable as the share of a partner in any other company.
2d. That a debt, though contingent, might be attached by arrest- ment, and sums covered by marine policies frequently were so, although no intelligence of the loss of the ship might have ar- rived ; and as Strachan died before any new premium fell due after the arrestment, dies cesserat, at the date when the arrest- ments were used.
The lord ordinary reported the cause on cases.^ 1 The lord ordinary is inclined to think that the claim of John Strachan is well founded, for the reasons assigned in his case.
What to read after Reports of All the Published Life And Accident Insurance Cases?
You can find similar books in the "Read Also" column, or choose other free books by Bigelow, Melville Madison, 1846-1921 to read onlineMoreLess
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