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" All that is requisite to constitute such a contract is the payment of the consideration by the one, and the promise of the other to pay the amount of the insurance upon the happening of injury to the subject by a contingency contemplated in the contract. "
Public Documents of Massachusetts - Page xxv
by Massachusetts - 1909
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The Law of Life Insurance with a Chapter on Accident Insurance

George Blis - Accident insurance - 1874 - 793 pages
...was an insurance on the life of McCullough." In Comm. v. Wetherbeo, 105 Mass. 149, the court say: " Neither the times and amounts of payments by the assured,...subject by a contingency contemplated in the contract." Referring to the case before them, the court say: "The subject insured is the life of the member. The...
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Commentaries on the Laws of England, Volume 2

Herbert Broom, Edward Alfred Hadley, Sir William Blackstone - Law - 1875
...Stewart v. Aberdein, 4 M. & W. 211 ; Geo. 3, c. 63, s. 11. (e) See De Vaux v. ГАпвоп, 7 Scott, 507. requisite to constitute such a contract is the payment...subject by a contingency contemplated in the contract. GR.VY, J., in Com. v. Wetherbee. 105 Mass. 149, 160. That a contract of insurance by parol is sufficient...
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A Treatise Upon Some of the General Principles of the Law: Whether ..., Volume 4

William Wait - Actions and defenses - 1878
...another, if he shall suffer loss. It must, like other contracts, have a sufficient consideration. " All that is requisite to constitute such a contract is the payment of the consideration by the insured, and the promise of the insurer to pay .the amount of the insurance, upon the happening of...
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The Law of Insurance: As Applied to Fire, Life, Accident ..., Volume 1

John Wilder May - Insurance law - 1891 - 1463 pages
...them is a contract of insurance. All that is requisite to constitute such a contract is the payment of consideration by the one, and the promise -of the other to pay the amount of loss agreed upon in the contract, or to be determined upon investigation, to the person entitled to...
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The Insurance Law Journal: Reports of All Decisions ..., Volume 1; Volume 21

Insurance law - 1892
...in life or accident insurance it is the life or health of a person. In either case, neither the time and amounts of payments by the assured, nor the modes...subject by a contingency contemplated in the contract. The contract made between the Connecticut Mutual Benefit Company and each of its members by the certificates...
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The Northwestern Reporter, Volume 50

Law reports, digests, etc - 1892
...them is a contract of insurance. All that is requisite to constitute such a contract is the pnyment of the consideration by the one. and the promise of...other to pay the amount of the insurance upon the happenlng of Injury to the subject hy n contingency contemplated In the contract. Tbe contract made...
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A Treatise on Marine, Fire, Life, Accident and All Other ..., Volume 1

Joseph Asbury Joyce - Insurance - 1897 - 3963 pages
...assured, nor the modes of estimating or securing the payment of the sum to be paid by the insurers, affect the question whether the agreement between...subject by a contingency contemplated in. the contract." 2 It is also necessary that the parties be those capable of contracting,3 and that the risk be a legal...
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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 97

Iowa. Supreme Court, Nathaniel B. Raymond, Benjamin I. Salinger, W. W. Cornwall, Ulysses Grant Whitney, Richard Reichmann, Frederick F. Faville, Charles H. Scholz, Charles W. Barlow - Law reports, digests, etc - 1897
...beneficiary, who is named in the certificate. As said by Gray, J., in Com. v. Wetherbee, 105 Mass. 149, "All that is requisite to constitute such a contract...subject, by a contingency contemplated in the contract." This is insurance, as defined by the courts. If this be it, then, clearly, defendant is an insurance...
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Principles of Law: Husband and Wife; Divorce; Parent and Child; Guardian and ...

Children - 1903
...one party undertakes to compensate the other for loss on a specified subject by specified perils.' All that is requisite to constitute such a contract is the payment of consideration by the one, and the promise of the other to pay the amount of the insurance upon the...
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Yale Insurance Lectures: V. 1-2; Being the Lectures on Life ..., Volume 1

Yale University - Fire insurance - 1904
...contract whereby one for a consideration undertakes to compensate another if he shall suffer loss. All that is requisite to constitute such a contract is the payment of consideration by the one, and the promise of the other to pay the amount of loss agreed upon in the...
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