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" Insurance is a contract upon speculation. The special facts, upon which the contingent chance is to * be computed, lie most commonly in the knowledge of the insured only : the underwriter trusts to his representation, and proceeds upon confidence that... "
Reports of Cases Argued and Determined in the Supreme Court of Ohio, New Series - Page 276
by Ohio. Supreme Court - 1914
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Reports of Cases Argued and Adjudged in the Court of King's Bench ..., Volume 3

Great Britain. Court of King's Bench, James Burrow - 1812 - 648 pages
...particulars objected were not mentioned, is n ell founded. First. Insurance is a contract upon speculation. The special facts, upon which the contingent chance...the insured only : the under-writer trusts to his representation, and proceeds upon confidence that he does not keep back any circumstance in his knowledge,...
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A System of the Law of Marine Insurances: With Three Chapters, on ..., Volume 1

James Allan Park - 1817 - 848 pages
...founded. " First. Insurance is a contract upon speculation. TTie special facts, upon which the risk is to be computed, lie most commonly in the knowledge...of the insured only. The underwriter trusts to his statement, and proceeds upon confidence, that he does not keep back any circumstances within his knowledge,...
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The American Practical Lunarian: And Seaman's Guide ... To which are Annexed ...

Thomas Arnold - 1822 - 1008 pages
...His Lordship said, " Assurance is a contract upon speculation. The special facts, upon which the risk is to be computed, lie most commonly in the knowledge of the assured only. The underwriter trusts to his statement, and proceeds upon confidence, tli. '.l he does...
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Commentaries on American Law, Volume 2

James Kent - 1827 - 544 pages
...insurance contract, the special facts, as Lord Mansfield has observed, Carter v. Boehm, 3 Burr. 1905. upon which the contingent chance is to be computed,...know.ledge of the insured only. " The underwriter trutts to hit representation," and proceeds upon confidence that he does not keep back any circumstance...
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The Law of Fire and Life Insurance

George Beaumont - 1833 - 134 pages
...BI. Rep. 463. (c) " Insurance is a contract upon speculation. The special facts upon which the risk is to be computed lie most commonly in the knowledge...of the insured only. The underwriter trusts to his statement, and proceeds upon confidence that he does not keep back any circumstances within his knowledge...
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Reports of Cases Argued and Determined in the Supreme Court and in ..., Volume 6

Esek Cowen, New York (State). Supreme Court - 1837 - 826 pages
...difference. " Insurance," says lord J\lansfield, " is a contract upon speculation." (3 Bun: 1909.) "The special facts upon which the contingent chance...of the insured only ; the underwriter trusts to his representation," &c. He says the insured need not slate what the insurer knows; but the keeping1 back...
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Elements of Moral Philosophy

Jasper Adams - 1837 - 554 pages
...known to act, and professes to act, upon the information of the insured. In this kind of contract, the special facts, upon which the contingent chance is to be computed, lie almost always in the knowledge of the insured only. The insurer trusts to his representation, and proceeds...
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A Treatise on the Law of Fire Insurance, and Insurance on Inland Waters: In ...

Elisha Hammond - 1840 - 200 pages
...Insurance is a contract upon speculation, the special facts upon which the risk is to be computed lie commonly in the knowledge of the insured only, the underwriter trusts to his statement, and proceeds upon confidence that he does not keep back any circumstances within his knowledge...
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A Selection of Leading Cases on Various Branches of the Law: With ..., Volume 1

John William Smith - 1841 - 744 pages
...particulars objected were not mentioned, is well founded. First. Insurance is a contract upon speculation. The special facts, upon which the contingent chance...of the insured only : the underwriter trusts to his representation, and proceeds upon confidence that he does not keep back any circumstance in his knowledge,...
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The Law of Nisi Prius, Evidence in Civil Actions, and Arbitration ..., Volume 3

Archibald John Stephens - 1842 - 998 pages
...Carter v. J5oeAm'(8), in which his lordship observed, "First, insurance is a contract upon speculation. The special facts upon which the contingent chance is to be computed, lie most commonly in the xne keeping knowledge of the insured only. The underwriter trusts to his represent- back material ation,...
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