Security National Bank of Greensboro v. Educators Mutual Life Insurance

This is a civil action for recovery of insurance agent’s commissions on renewal premiums paid on insurance policies- — -the commissions are allegedly due and owing by defendant to the estate of Loomis McA. Goodwin, deceased.

Educators Mutual Life Insurance Company (Company), a foreign corporation with its principal office at Lancaster, Pennsylvania, was at all times mentioned herein licensed to do business in North Carolina and maintained an office in Raleigh. Loomis McA. Goodwin (Agent) was a licensed general insurance agent, G.S. 58-39.4(c). Said Company and Agent on 16 May 1950 entered into…