120 Ark. 330 | Ark. | 1915
(after stating the facts). Henry Thane was agent for both companies with authority to make contracts for insuring property and to write policies of insurance. He wrote and issued the policies of insurance on which these actions are based. At the time he was president of the Desha Bank & Trust Company which held a mortgage for $840 on the insured property. The mortgage clause made the loss, if any, payable to the mortgagee as its interest might appear. It was not shown .that the insurance company had notice that Thane was president of the mortgagee hank at the time he wrote the policies.
The facts do not bring the present case within that rule. Here the insurance agent had no interest whatever in the insured property. The property was insured for $5,000 and it is not claimed that that was an excessive amount. The property was only mortgaged to the bank for $840. The fact that the insurance agent who issued the policy was the president of the bank which held a mortgage for $840 did not prevent the agent from acting with fidelity to the insurance company, and there is no reason whatever to think that the company would have refused the risk had it known that the bank held a mortgage on the insured property.
On the other hand, the amount of the mortgage, as compared with the value of the insured property, was so small that the insuran.ce company might with justice have complained had its agent permitted the business to go elsewhere. So-far as the record 'discloses Thane acted fairly with the insurance company and with the insurer and did precisely what one; under those circumstances, would have ¡done with the ¡approval of his principal. No fraud in connection with the matter has been alleged or proved and there are numerous decisions to the effect that the law will never presume fraud where none is shown. Such was the effect of the holding of the Supreme Court of Kansas in Citizens State Bank of Chautauqua, et al., v. Shawnee Fire Insurance Co., 49 L. R. A. (N. S.) 972. In ¡that case this precise question was before the court, and the court held:
“An agent of an insurance company with power to issue policies insured a property on which the bank of which he was cashier held a mortgage for about one-half the amount of the insurance, attaching a clause making the loss, if any, payable to the mortgagee as its interest should appear. Held that, in the absence of fraud or collusion, the company could not deny liability on account of its agent’s relation to such mortgagee.” See, also, Fiske v. Royal Exchange Assurance Co., 100 Mo. Appls. 545, 75 S. W. 382.
Therefore we are of the opinion that Thane rightfully acted for the insurance companies and that the policies sued on were valid.
-Smallwood ¡and Fuquay visited the place Where the house had stood. Fuquay testified ¡that Smallwood told him to prepare estimates of the' cost of rebuilding the house and that pursuant to his direction he employed two firms of contractors to make such estimates and paid them for it and that he mailed these estimates, together with his own affidavit ¡as to the ¡amount which the house had cost him and the date of the fire, to the adjuster. It is true the adjuster ¡denied this, tout ¡as we have already seen, he had the power to waive the proof of loss and the question of whether he had done so was fairly presented to the jury under proper instructions given toy the court.
In the case of Bluthenthal v. Atkinson, 93 Ark. 252, we held that where a letter has been properly mailed there is a presumption that it was duly received by the person to whom it was addressed but that such presumption may be rebutted. Here Fuquay testified that he mailed the estimates to the adjuster ¡at his proper tad-dress before the time for filing the proof of loss had expired ¡and under the decision just referred to the question of whether or not it was received by the adjuster was ¡one of fact for the jury.
The undisputed evidence in .¡the case before us showed that the property insured was the plaintiff’s dwelling and the fact that he sometimes kept boarders does not destroy its ¡character as a dwelling.
It is next contended that the policy should be avoided because the plaintiff kept oil in greater quantities than was permitted toy the company. The adjuster had a list of the articles kept in. the house toy the plaintiff at the time he 'directed him to send him the estimates above referred to. The question of the wiaiver of forfeiture on this 'account was submitted to 'the jury under proper instructions.
Other assignments of error are pressed upon us for a reversal of the judgment, tout .without discussing them in detail, we deem it sufficient to say that instructions embodying the principles of law above 'announced were given ¡to the jury which fully 'and fairly submitted the respective theories of the parties.
The judgment will toe affirmed.