Higgins v. Sowards

Opinion of the Court by

Judge Hannah

— Affirming.

• R. L. Wade, was local agent for a number of fire assurance companies in tbe town of Benton. He failed to make prompt-settlement of Ms accounts with the compames which he represented. William Sowards, State • Agent for one of the companies, acting for his own and for the other' companies interested, made a settlement with Wade. The agency was sold, and after applying upon Wadie’s indebtedness to the companies the sum received therefor, he still owed them three hundred and sixty-five dollars.

In payment-, thereof, he, executed a note payable to…