OGILVIE ET AL. v. THE KNOX INSURANCE CO. ET AL.


59 U.S. 577 (1855)

18 How. 577

ADAM OGILVIE ET AL. COMPLAINANTS, v. THE KNOX INSURANCE COMPANY ET AL.

Supreme Court of United States.


Mr. Justice DANIEL delivered the opinion of the court.

The complainants, by bill in equity, claim an indemnity for losses upon policies issued to them by the company. They allege that the company by its charter, were authorized after their organization, to increase the amount of their stock by further subscriptions thereto. That in virtue of the authority of this permission, several...

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