Big Creek Drug Co. v. Stuyvesant Insurance

Citations

• 115 Miss. 561
• 76 So. 548

Syllabus

<p>Insurance. Forfeiture. Waiver and estoppel. Knowledge of agent.</p> <p>Under Code 1906, section 2615, defining who are the agents of insurance companies and their powers, where the soliciting agent of a fire insurance company at the time the risk was accepted knew that the owner did not have and did not intend to have, an iron safe and told him it was unnecessary to have such safe, such statement became and was the act of the insurance company, and it was bound in such case both upon waiver and estoppel.</p>