Stone v. Hartford Fire Insurance

Opinion op the Court by

Judge Rees

Affirming.

For several years prior to December, 1920, C. G-. Thompson represented the appellee, Hartford Fire Insurance Company, as agent of its "Western Farm Department in Caldwell county. Appellant, J. Y. Stone, purchased the agency for a cash consideration of $500 paid to Thompson, and applied to appellee for an agency contract. On December 17, 1920, a contract between Stone and the insurance company, designated a solicitor’s agreement, was executed.

Clause 9 of this agreement is as follows:

“ That I will return to the company all unearned commissions on…