General Insurance Statutes of the State of New York; Including Alterations and Amendments to the Close of the Session of the Legislature of 1882, and

General Insurance Statutes of the State of New York; Including Alterations and Amendments to the Close of the Session of the Legislature of 1882, and

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1883 edition. Excerpt: ...in the name of said company to pay all damages, not exceeding the amount insured, done to dwelling-houses, barns and their contents, and other property not more hazardous, and buildings not more hazardous in cities or villages detached at such distance as the by-laws of the company may prescribe, and their contents and live stock owned on the premises, caused by fire or lightning, during the time mentioned in the policy of the insured; said company shall not issue policies for less than one year or more than five years; and they shall not insure more than seven thousand dollars in any one risk. The company may issue more than one policy to one person, firm or corporation having separate or detached buildings, that this act or the by-laws of said company do not prohibit the said company from insuring. Every policy issued shall have attached thereto a printed copy of the bylaws and regulations of the company. As amended by Laws of 1880, chap. 397, 3, and by Laws of 1882, chap. 282, 2. 7. Every person, firm.or corporation or trustees so insured shall give his, her or their undertaking, binding him, her or them, their heirs or assigns, to pay their pro rata share to the company, of all losses or damages caused by fire or lightning, which may be sustained by any member or members thereof; and every such undertaking shall be filed by the secretary of such company in the office of the company. He, she or they shall also pay such percentage in lawful money, and such reasonable sum for policies and expenses as may be required by the by-laws of said company. 8. Every person holding a policy not expired or vitiated, who has sustained a loss by fire or lightning, shall immediately notify the president or secretary of the company...show more

Product details

  • Paperback | 130 pages
  • 189 x 246 x 7mm | 245g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236639898
  • 9781236639899