52 P. 180 | Or. | 1898
delivered the opinion.
This is an action by a fire insurance company to recover against its agents for issuing its policy of insurance upon a certain vinegar factory, contrary to instructions, and for failure to cancel such policy when directed so to do, and is here upon the second appeal. One of the defenses pleaded is that defendants were the agents of the assured as well as the plaintiff, with full power and authority to accept and receive other insurance in lieu of the policy issued by plaintiff, and to assent for and in behalf of the assured to the substitution thereof for plaintiff’s said policy; that defendants, when directed to cancel said policy, immediately, and prior to any loss, effected oral insurance upon said property for a like amount with another company (the New Zealand), in behalf of the assured, which was taken and accepted in lieu of plaintiff’s policy. Evidence was offered at the trial
Affirmed.