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" 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... "
Ætna Guide to Fire Insurance for the Representatives of the Ætna Insurance ... - Page 513
by Ætna insurance company, Hartford, Conn - 1867 - 537 pages
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Hand-book of Marine Insurance and Average

Francis B. Dixon - Average (Maritime law) - 1866 - 528 pages
...The following clause is very frequently inserted in fire policies on mortgaged property, viz.: "It is agreed, that whenever the company shall pay the mortgagee any sum for loss under said policy, and shall claim that, as to the mortgagor or owner, no liabilty therefor existed, it shall...
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The Ontario Reports: Containing Reports of Cases Decided in the ..., Volume 3

Ontario. High Court of Justice - Law reports, digests, etc - 1884 - 706 pages
...charge for the same, according to the established scale of rates, for the time such increased hazard may or shall have been assumed by this company, during the continuance of this insurance. It is also agreed that whenever this company shall pay to the mortgagee any sum for the loss under...
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The Ontario Reports: Containing Reports of Cases Decided in the ..., Volume 14

Law reports, digests, etc - 1888 - 846 pages
...owner,) on each renewal of this policy, and sooner if the same shall come to the assured's knowledge. ' ' And it is further agreed that whenever the company shall pay the mortgagees any sum for loss under this policy, and shall claim that as to the mortgagor or owner no...
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The Annual Cyclopedia of Insurance in the United States

Insurance - 1891 - 402 pages
...tiustee] only, the owner having no interest whatever therein. 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...
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The Law of Fire Insurance, Volume 1

George Ansel Clement - Fire insurance - 1905 - 770 pages
...Clause (when Owner lias no Interest in the Insurance). 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...
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American Digest System: 1858-1908, Volume 3

Kansas - 1909 - 844 pages
...not be inC22 [Kan. Dig.— Page 1961] § 627 validated by any act or neglect of the mortgagor, and that whenever the company shall pay the mortgagee any sum for loss, claiming that, as to the mortgagor, no liability therefor exists, the company shall be subrogated to...
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A Treatise on the Law of Insurance in All Its Branches: Especially Fire ...

George Richards - Forms (Law) - 1909 - 1002 pages
...trustee] only, the owner having no interest whatever therein. 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...
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Cyclopedia of Fire Prevention and Insurance: A General Reference ..., Volume 4

Fire insurance - 1912 - 510 pages
...trustee] only, the owner having no interest whatever therein. 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...
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The New York Supplement, Volume 163

Law reports, digests, etc - 1917 - 1274 pages
...FIRE INSURANCE — SUBROGATION. Under a "mortgage clause" in a policy of fire insurance, providing that whenever the company shall pay the mortgagee any sum for loss or damage under the policy, and shall claim1 that, as to the mortgagor or owner, no liability therefor...
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The Insurance Law Journal: Reports of All Decisions ..., Volume 4; Volume 24

Insurance law - 1895 - 964 pages
...according to the established scale of rates, for the whole term of nse of such increased hazard It is also agreed that whenever the company shall pay the mortgagee any sum for loss under this policy,, aud shall claim that, as to the mortgagor or owner, no liability therefor existed, it shall at once...
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