Reseña de Insurance Company v. Mowry

Insurance Company v. Mowry de United States Supreme Court Resumen del Libro

Mr. Benjamin F. Thurston and Mr. Charles H. Parkhurst for the plaintiff in error. The representations of Shepley, relating to the rights and liabilities of the parties to a contract to be executed in futuro, are not matter of estoppel; but, if they were, there must be proof that the company authorized him to make them, or subsequently ratified them. There was no such proof. The only ratification is contained in the last clause of the policy, and his authority is there expressly limited to countersigning and delivering that instrument and receiving the premium. His promise that the company would give timely notice to the plaintiff when the premiums were due did not bind the company, nor waive the forfeiture incurred by the non-payment of them.

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