[Download] "Knox v. First Security Bank of Utah" by United States Court of Appeals Tenth Circuit # Book PDF Kindle ePub Free

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eBook details

• Title: Knox v. First Security Bank of Utah
• Author : United States Court of Appeals Tenth Circuit
• Release Date : January 29, 1952
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 62 KB

Description

The plaintiff, Granite State Fire Insurance Company, was required to pay a loss of $11,612.23 on an insurance policy which it issued to Tunnel Constructors, a corporation. The policy covered, among other coverages, loss or damage to machinery caused by flood and landslide.This action was brought to recover the amount of the loss on a complaint alleging that the defendants were agents of the plaintiff for the transaction of fire and marine insurance and were instructed to obtain an endorsement on the policy which would operate to relieve the plaintiff from liability thereunder for any loss due to landslide or flood, or, in the alternative, to inform plaintiff if the endorsement was not acceptable to the insured so that plaintiff might cancel said insurance policy. It was alleged that defendants failed to carry out the instructions and that as a result the plaintiff became liable under the terms of the policy and paid the loss pursuant thereto.

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