INSURANCE CASE.
AN IMPORTANT DECISION. (BT TEMOBArn—SPEOIAXi cobkespondentJ Chrlstchurch, May G. A caso of interest to insurers against firo as well as to insuranco oompames was decided at the' Magistrate's Court this afternoon by Mr , H AY. Bishop, S.M. T. Dixou claimed £100 from the Australian; Allianco Assuranco Company, value of a policy over n building situated in- Montreal Street; which was destroyed by iiro on January 3. The caso itfas heard on Thursday last, and the cvidciico showed that for years tlio building , had been; occupied by Europeans fliid . insured qs ..ft dwolling-houso. Subseguontly it was rented to Chinamen, who earned on a laundry business, and daring their toiianoy it was:d<*stroyed.': Tbo : insniinco- company was not notified of tho alteration, or they would have increased the premiums, as a ' laundry, ,ir their opinion, was ■a. hazardous' risk. They contended that the alteration voided t-h» policy, and refused to pay. ! „ Af'tor bearing legal arguraont tho. magistrate held that tho company ' were quito justified in acting as they did, and gav« judgment for defendants with oosts.
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Dominion, Volume 2, Issue 502, 8 May 1909, Page 6
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175INSURANCE CASE. Dominion, Volume 2, Issue 502, 8 May 1909, Page 6
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