[Download] "Turner v. New Brunswick Fire Ins. Co." by Supreme Court of the State of Oklahoma # eBook PDF Kindle ePub Free

eBook details

Title: Turner v. New Brunswick Fire Ins. Co.
Author : Supreme Court of the State of Oklahoma
Release Date : January 05, 1941
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 61 KB

Description

The facts from which arises the first question presented are these: The policy sued upon was issued May 1, 1938. It covered a stock of merchandise. The fire occurred September 19, 1938, resulting in the destruction of the merchandise insured. On October 8, 1938, the plaintiffs assigned in writing to each of three creditors, separate amounts aggregating the face of the policy in the sum of one thousand dollars from the moneys due or to become due from defendant, with full power in the assignee to collect and receipt for the amount assigned and to demand and sue therefor. Each assignment also expressly authorized the defendant to pay over the amount stipulated to the assignee named. The assignments were executed as security for debts severally owing by the plaintiffs on open account to each assignee.