Terminal Ice & Power Co. v. Commercial Fire Ins.
This text of 196 S.W. 408 (Terminal Ice & Power Co. v. Commercial Fire Ins.) is published on Counsel Stack Legal Research, covering Missouri Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinions
This is a companion case to Terminal lee and Power Company v. American Fire Insurance Company, decided at this term. However, the policy of insurance involved in this case was issued on June 13,1913, about six days after the notice of foreclosure had been published. The provision of the policy “if with the knowledge of the insured foreclosure proceedings be commenced, or notice given of the sale of any property covered by this policy by virtue of any mortgage, or trust deed” the policy shall become void is not applicable to this case, for the reason that that clause could not apply to any conditions which existed at the time of the" issuance of the policy and the policy became void only for breaches occurring after the policy was issued. [Orient Insurance Company v. Burrus, 63 S. W. 453 (Ky.); Cooledge v. Insurance Co., 30 Atl. 798 (Vt.).]
The judgment in this case is, therefore, reversed and the cause remanded.
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Cite This Page — Counsel Stack
196 S.W. 408, 196 Mo. App. 516, 1917 Mo. App. LEXIS 122, Counsel Stack Legal Research, https://law.counselstack.com/opinion/terminal-ice-power-co-v-commercial-fire-ins-moctapp-1917.