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" The essential thing is, that the policy shall be obtained in good faith, and not for the purpose of speculating upon the hazard of a life in which the insured has no interest. "
Pittsburgh Legal Journal - Halaman 243
1885
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Cases on Business Law

William Everett Britton, Ralph Stanley Bauer - 1922 - 1563 halaman
...have been formally and plainly laid down. It is said by the federal supreme court that one essential is that the policy shall be obtained in good faith,...speculating upon the hazard of a life in which the insured has no interest. Connecticut Mutual Life Insurance Co. v. Schaefer, 94 US 457, 460, 24 L. Ed....
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Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ...

Alfred William Bays - 1923 - 1536 halaman
...to constitute an insurable interest. In such case "the essential thing * * * that the policy should be obtained in good faith, and not for the purpose of speculating upon the hazards of life, 'would appear to be present. In this view we are not prepared to say, as matter of...
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The Federal Reporter, Volume 9

1882
...such policies are also apparent and great, and therefore the law will not sanction insurance obtained for the purpose of speculating upon the hazard of a life in which the assured has no interest. In the present case, as I have heretofore said, the policy on its face appears to be taken out by Beckwith...
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Virginia Appeals: Decisions of the Supreme Court of Appeals of ..., Volume 10

Virginia. Supreme Court of Appeals - 1915
...assigned in this case, and cited Ins. Co. v. Schafer, 94 US 460, in which Mr. Justice Bradley says: "The essential thing is, that the policy shall be...hazard of a life in which the assured has no interest." It may be conceded that the utmost good faith obtained between the parties to the transaction under...
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The Central Law Journal, Volume 37

1893
...have been formally and plainly laid down. It is said by the federal supreme court that one essential is that the policy shall be obtained in good faith,...of speculating upon the hazard of a life in which tho insured has no interest, fcsurance Co. v. Schaefer, 94 U. S. 457, 460. An interest which is insurable...
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The Nova Scotia Reports ...: Containing Reports of Cases Argued and ...

Nova Scotia. Supreme Court - 1886
...friend ; or two or more persons on their joint lives for the benefit of the survivor or survivors." " The essential thing is that the policy shall be obtained...good faith, and not for the purpose of speculating on the hazard of a life in which the insured has no interest." And the remarks of SHAW, CJ, in Loomis...
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The Insurance Law Journal, Volume 4;Volume 24

1895
...a policy out of the category of mere wager, has been a subject of much discussion." He added that " the essential thing is that the policy shall be obtained...speculating upon the hazard of a life in which the insured had no interest." In the case of Loomis vs. Insurance Co. (6 Gray, 399), Chief Justice Shaw,...
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The Insurance Law Journal: Reports of All Decisions ..., Volume 2;Volume 22

1893
...have been formally and plainly laid down. It is said by the Federal Supreme Court that one essential is that the policy shall be obtained in good faith,...speculating upon the hazard of a life in which the insured has no interest: Insurance Co. vs. Schaefer, 94 US, 457, 460. An interest which is insurable...
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Atlantic Reporter, Volume 55

1903
...that the interest must amount to a claim recognixable or enforceable in law." 54 LRA 234. In short, "the essential thing is that the policy shall be obtained...faith, and not for the purpose of speculating upon the hazards of a life." Connecticut, etc., Ins. Co. v. Schaefer, 94 US 457, 4tiO, 24 L. Ed. 251; Kentucky...
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The Insurance Law Journal, Volume 6

1877
...were based substantially on this principle, and their validity has never been called in question. good faith, and not for the purpose of speculating upon the hazard of a We in which the insured has no interest. On this point, the remarks of Chief Justice Shaw, in a case...
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