Boston & Salem Ice Co. v. Royal Insurance
Boston & Salem Ice Co. v. Royal Insurance
Opinion of the Court
The question at issue in these cases is settled by the judgment of the court in Weed v. Boston & Salem Ice Company, ante, 377. When the ice was destroyed, it was the property of the Ice Company; and though they had made a contract to sell it to Weed, and had received an instalment of the purchase money, the property had not passed; it remained at their risk; and when the execution of the contract became impossible, they were bound to refund what had been paid to them, as money received on a consideration which had failed. Res perit domino. The plaintiffs’ interest was as great at the time of the
Judgment according to the agreement in each case for the fuU amount of the insurance, interest and costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.