General Index to the Insurance Digest; Embracing All Decisions ... Volume 24 epub
General Index to the Insurance Digest; Embracing All Decisions ... Volume 24 epub

General Index to the Insurance Digest; Embracing All Decisions ... Volume 24.cUnited States Merit Systems
General Index to the Insurance Digest; Embracing All Decisions ... Volume 24
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Author: United States Merit Systems
Number of Pages: 326 pages
Published Date: 14 Jan 2013
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781234109882
File size: 25 Mb
Download Link: General Index to the Insurance Digest; Embracing All Decisions ... Volume 24
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...(January 19, 1911) 744. Policy--Seaworthiness--Waiver: The policies insured a vessel against loss by fire while in a. seaworthy condition and provided that This policy shall be null and void while said vessel shall be unseaworthy, except while proceeding to a port for repairs, and during the time of said repairs. After the vessel had been in an unseaworthy condition for several months, the owners wrote to the company that they desired to continue the policies in force, as they had decided to repair the vessel, and would begin such repairs within a few days. The company agreed to continue the policies as requested. Shortly afterwards a small loss occurred, which loss was paid. Held, That even though the company knew at the time it paid the loss that the vessel had not been repaired and was then still unseaworthy, such payment did not waive the condition of the policy as to unseaworthiness as to subsequent losses, nor did the agreement to continue the policies amount to a waiver, except for the few days it would take to repair the vessel. Same--Watchman Clause-Construction: The policy provided that At all times at least two competent watchmen shall be employed, one of whom shall be on duty at all times. Only one watchman was employed by the owner, and he had his son watch the vessel a part of the time, the watchman employed being engaged elsewhere during the greater part of the day, and, when both of them were absent, they arranged with the watchman of neighboring gasoline yachts to casually look after the insured vessel from his position on the yacht some 40 or 50 feet away, he not being employed to, and being under no obligation to look after the insured vessel. At the time the fire occurred no...

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