Mutual Assurance Society v. Watt's Executors - 14 U.S. 279 (1816)
U.S. Supreme Court
Mutual Assurance Society v. Watt's Executors, 14 U.S. 1 Wheat. 279 279 (1816)
Mutual Assurance Society v. Watt's Executors
14 U.S. (1 Wheat.) 279
Under the 6th and 8th sections of the Act of Assembly of Virginia of 22 December, 1794, property pledged to the Mutual Assurance Society, &c., continues liable for assessments, on account of the losses insured against in the bands of a bona fide purchaser without notice.
A mere change of sovereignty produces no change in the state of rights existing in the soil, and the cession of the District of Columbia to the national government did not affect the lien created by the above act on real property in the Town of Alexandria, though the personal character or liability of a member of the society could not be thereby forced on a purchaser of such property.