Case Name: John F. J. Deraisemes, plaintiff in error, vs. The Merchants' Mutual Insurance Co., defendants in error
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1848-06
Citations: 4 How. Pr. 445
Docket Number: 
Parties: John F. J. Deraisemes, plaintiff in error, vs. The Merchants’ Mutual Insurance Co., defendants in error.
Judges: 
Reporter: Howard's Practice Reports
Volume: 4
Pages: 445–445

Head Matter:
John F. J. Deraisemes, plaintiff in error, vs. The Merchants’ Mutual Insurance Co., defendants in error.
'—Judgment affirmed.
Charles O’Conor, for plaintiff in error;
Daniel 'Lord, for defendants in error.

Opinion:
This case decided that premium notes taken for premiums in advance, by a mutual insurance company, in pursuance of its charter, were valid for the whole face thereof, although the premiums on insurances actually received by the maker, amounted to only a part of such note. The consideration in such notes may be upheld, &c. (Reported, 1 Comstock, 371.)