INSURANCE COMPANY v. CHASE


72 U.S. 509 (____)

5 Wall. 509

INSURANCE COMPANY v. CHASE.

Supreme Court of United States.


Attorney(s) appearing for the Case

Messrs. Fessenden and Butler, for the plaintiff in error:

Mr. John Rand, contra.


Mr. Justice DAVIS delivered the opinion of the court.

A recovery in this case is strenuously resisted, because it is said the individual interest of William Chase was insured, and not his interest as a trustee; and, as his only interest was that of a trustee, it follows that the contract of insurance was a gaming one, and void from considerations of public policy.

A contract of insurance, is intended to indemnify one...

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