Ętna Guide to Fire Insurance for the Representatives of the Ętna Insurance Co., Hartford, Conn. ...: Branch, Cincinnati ... (Google eBook)

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R. Clarke & Company, printers, 1867 - Fire insurance - 537 pages
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Page 507 - ... this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt...
Page 507 - ... legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may at its option pay to the mortgagee...
Page 282 - This Constitution may be altered or amended by a vote of two-thirds of the members present at...
Page 143 - IT is very possible for a man to act dishonestly every day, and yet never to defraud another of a shilling. A merchant who conducts his business partly or wholly with borrowed capital is not honest if he endangers the loss of an amount of property which, if lost, would disable him from paying his debts.
Page 148 - ... a time to get and a time to lose; a time to keep and a time to cast away; a time to rend and a time to sew; a time to keep silence and a time to speak; a time to love and a time to hate; a time of war, and a time of peace.
Page 507 - ... impair the right of the mortgagee to recover the full amount of his claim...
Page 507 - ... shall not be invalidated by any act or neglect of the mortgagor or owner of the property...
Page 252 - No person shall mix for sale naphtha and illuminating oils, or shall sell or offer for sale such mixture...
Page 507 - And it is further agreed that .whenever this Company shall pay the mortgagee any sum for loss under this policy this Company shall at once be legally subrogated to all the rights of the mortgagee [or trustee] under all the securities held as collateral to the. mortgage debt to the extent of such payment, but such...
Page 200 - ... have its capital invested in bank stock, paying 8 per cent ; the company would only have to earn 12 per cent net, over office expenses, to make an annual dividend of 20 per cent. And, on the other hand, were it to earn only enough to pay office expenses, it could still pay 4 per cent semi-annually from investment of its capital.

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