The Law Reports (Chancery Division)
[1933] Ch 349
[CHANCERY DIVISION]
In re
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION, LIMITED.
[1932. G. 2376.]
1932 Nov. 23,
25,
29.
FARWELL J.
Insurance
— Motor Vehicles
— Deposit in Court by Insurance Company of Securities to the Value of 15,000 l.
— Appreciation in Value of Securities
— Company cannot claim to have paid out to it Securities in Excess of 15,000 l.
—
Assurance Companies Act, 1909 (9 Edw. 7, c. 49), s. 2, sub-ss. 1, 2, 4, 6
—
Road Traffic Act, 1930 (20 & 21 Geo. 5, c. 43), s. 42, sub-s. 2 (a) (b).