Briscoe v. Texas General Ins. Agency

HALL, Chief Justice.

The defendant in error, a Texas corporation, filed this suit to recover upon a bond executed by Briscoe as principal and E. Clyde ■Wood and Alva W. .Robertson as sureties.

Briscoe was an insurance 'agent working for defendant in error for a certain per cent of the premiums. The bond sued on is not payable to the defendant in error, but on its face is made payable to Texas General Agency Company. Defendant in error alleged that Briscoe had collected premiums to the extent of $600.28 and that the bond was executed for the purpose of better securing the payment of such…