(DOWNLOAD) "Insurance Company v. Davis" by United States Supreme Court ~ eBook PDF Kindle ePub Free

eBook details

Title: Insurance Company v. Davis
Author : United States Supreme Court
Release Date : January 01, 1877
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 60 KB

Description

Mr. Matt. H. Carpenter for the plaintiff in error. This case falls exactly within the principles declared in New York Life Insurance Co. v. Statham et al., 93 U. S. 24, and the judgment below must be reversed. The outbreak of the war dissolved all executory contracts between citizens of one belligerent and those of the other, and put an end to all intercourse or dealings. Matthews v. McStea, 91 U. S. 7. The policy was, therefore, absolutely annulled, and no subsequent agreement between the assured and the company during the war could revive it. It follows that every agency of the company in any State declared to be in rebellion was terminated. The company could not authorize its agent to do what it was expressly forbidden to do by the President's proclamation of Aug. 16, 1861, issued in pursuance of the act of Congress of July 13 of that year.