Atkinson v. The Mutual Assurance Society Against Fire, on Buildings of the State of Virginia
Opinion
10 U.S. 202 6 Cranch 202 3 L.Ed. 199
ATKINSON v. THE MUTUAL ASSURANCE SOCIETY AGAINST FIRE, ON BUILDINGS OF THE STATE OF VIRGINIA.
February Term, 1810 1
THIS case differed from the case of Korn & Wisemiller v. The Mutual Assurance Society; that being for a half quota , and this for the additional premium upon a revaluation, under the 7th section of the act of 1805. ( See Virginia Laws , v. 2. App. 81.)
2
The question (which was submitted without argument) was, whether the additional premium should be charge on the whole sum at which the buildings were revalued , or only on the excess between the old and new valuation.
3
JOHNSON J.
4
The court is of opinion that the rule on the subject of premium imposes the additional premium only on the excess of the revaluation beyond the former valuation.
5
Judgment reversed.
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