The Fire Insurance Contract; Its History And Interpretation, Comp. And Ed. By, And Pub. Under the Auspices of the Insurance Society of New York
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Orient Ins. Co. v. Williamson, 98 Ga., 464; Williamson v. Orient Ins. Co., 100 Ga., 791; Palatine Ins. Co. V. Dickenson, 116 Ga., 794; Athens Mut. Ins. Co. v Evans .132 Ga., 703. 804 Forms — From the Company's Standpoint Some forms contain a stipulation that the policy shall not be invalidated if contracts for sale of the property are executed and delivered. This will save the policy from forfeiture, but it will only cover the remaining interest of the vendor. Several years ago the Uniform Bill... of Lading was adopted by railroads and other transportation companies, with the endorsement of the Interstate Commerce Commission acting in an advisory capacity. The only provision therein of special interest to insur- ance companies reads as follows: "Any carrier or party liable on account of loss of or, damage to any of said property shall have the full benefit of any insurance that may have been effected upon or on account of said property, so far as -this shall not avoid the policies or contracts of insurance." The insertion of the closing words of this last paragraph was secured through the eflforts of marine underwriters, who lost no time in preparing suitable clauses to counteract the effect of the insurance provision.
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