Eames v. Home Insurance Company - 94 U.S. 621 (1876)
U.S. Supreme Court
Eames v. Home Insurance Company, 94 U.S. 621 (1876)
Eames v. Home Insurance Company
94 U.S. 621
1. The correspondence in this case considered and held to create a valid contract for a policy of insurance in the Home Insurance Company of New York for $4,000 on the mill and machinery of the complainants, situated at Staunton, Ill., for one year from Oct. 12, 1872, at the rate of six and a half percent premium.
2. It appearing that the property was destroyed by fire Oct. 29, 1872, whereby loss and damage accrued to the complainants to the whole amount of insurance, that due proof and notice were given, and that the premium for said insurance was tendered and refused, the complainants are entitled to a decree against the defendant for $4,000, less the amount of said premium, with interest and costs.
The facts are stated in the opinion of the Court.