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" Whenever this company shall pay the mortgagee any sum for loss or damage under this policy and shall claim that, as to the mortgagor or owner, no liability therefor existed, this company .shall, to the extent of such payment, be thereupon legally subrogated... "
The Annual Cyclopedia of Insurance in the United States - Page 63
1891
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 57

New Jersey. Court of Chancery - Law reports, digests, etc - 1899 - 750 pages
...company shall pay the mortgagee any sum for loss or damage under this policy, and shall claim that, as to the mortgagor or owner, no liability therefor existed,...debt, or may, at its option, pay to the mortgagee the whole principal due or to grow due on the mortgage, with interest, and shall thereupon receive...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 51

New Jersey. Court of Chancery - Law reports, digests, etc - 1894 - 722 pages
...company shall pay the mortgagee any sum or loss or damage under this policy and shall claim that, as to the mortgagor or owner, no liability therefor existed,...mortgage debt, or may at its option pay to the mortgagee the whole principal due or to grow due on the mortgage with interest ; it shall thereupon receive a...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 54

New Jersey. Court of Chancery - Law reports, digests, etc - 1897 - 810 pages
...Company shall pay the Mortgagee any sum for loss or damage under this Policy, and shall claim that, as to the Mortgagor or owner, no liability therefor existed, this Company shall, to the extent of sach payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall...
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The Ontario Reports: Containing Reports of Cases Decided in the ..., Volume 2

Ontario. High Court of Justice - Law reports, digests, etc - 1883 - 750 pages
...liability iherefor existed, it shall at once and to the extent of such payment be legally aubrogated to all the rights of the party to whom such payment shall be made under any and all securities held by such party for the payment of said debt ; but such subrogation shall...
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The Ontario Reports: Containing Reports of Cases Decided in the ..., Volume 2

Ontario. High Court of Justice - Law reports, digests, etc - 1883 - 752 pages
...mortgagor or owner, no liability therefor existed, it shall at once and to the extent of such payment be legally subrogated to all the rights of the party to whom such payment •hall b« made under any and all securities held by such party for the payment of said debt ; but...
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Tiffany's Instruction Book for Fire Insurance Agents ...

H. S. Tiffany - Fire insurance - 1883 - 234 pages
...Mortgagor or owner, no liabihty therefor existed, it shall at once and to the extent of such payment, be legally subrogated to all the rights of the party to whom such payment shall be made, under any and all securities held by such party for the payment of said debt. But such subrogation shall...
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The Pacific Reporter, Volume 86

Law reports, digests, etc - 1906 - 1164 pages
...mortgagor or owner no liability therefor exists, it shall at ouce, and to the extent of such payment, be legally subrogated to all the rights of the party to whom such payment shall be made under any and all securities held by such party for the payment of said debt; but such subrogation shall...
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The Pacific Reporter, Volume 49

Law reports, digests, etc - 1897 - 1158 pages
...mortgagor or owner, no liability therefor exists, it shall at once, and to the extent of such payment, be legally subrogated to all the rights of the party to whom such payments shall be made, under any and all securities held by such party for the payment of such debt....
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Atlantic Reporter, Volume 42

Law reports, digests, etc - 1899 - 1158 pages
...company shall pay the mortgagee any sum for loss or damage under this policy, and shall claim that, as to the mortgagor or owner, no liability therefor existed,...debt, or may, at Its option, pay to the mortgagee the whole principal due or to grow due on the mortgage, with Interest, and shall thereupon receive...
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The Southwestern Reporter, Volume 53

Law reports, digests, etc - 1900 - 1234 pages
...trustee any sum for loss or damage under this policy, and shall claim that aa to the owner or mortgagor no liability therefor existed, this company shall,...subrogated to all the rights of the party to whom such paymeut shall be made, uuder all securities held as collateral to the mortgage debt, or may, at its...
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