Security Insurance v. Jaggers
Supreme Court of Arkansas
Appeal from Lawrence ¡Circuit Court, Eastern District; D. II. Coleman, Judge; STATEMENT BY THE COURT. Tbe appellant, ¡an insurance ¡company, brought ¡suit against J. N. Jaggers, as principal, and the .sureties on Ms bond given to secure the faithful performance of Ms duties ¡as local fire .insurance agent to T. A. Manning, as general agent for the Security Fire Insurance Company.
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Appeal from Lawrence ¡Circuit Court, Eastern District; D. II. Coleman, Judge; STATEMENT BY THE COURT. Tbe appellant, ¡an insurance ¡company, brought ¡suit against J. N. Jaggers, as principal, and the .sureties on Ms bond given to secure the faithful performance of Ms duties ¡as local fire .insurance agent to T. A. Manning, as general agent for the Security Fire Insurance Company. The complaint alleges that the insurance company, through it’s general agent, T. A. Manning, appointed J. N. Jaggers its local fire insurance agent, at the town of Walnut Ridge, with .authority to sign, issue .and…
1Opinion of the CourtKirby, J.
(after stating the facts). (1) The allegations of the complaint show that the bond was executed by the local agent Jaggers to the general agent of appellant insurance company, for its benefit and although it was not disclosed therein as the principal or person for whose benefit the bond was executed, it nevertheless had the right to bring suit thereon. Mass. Bonding Co. v Higgins, 117 Ark. 372; Miss. Valley Const. Co. v. Abeles, 87 Ark. 374; Bryant Lumber Co. v. Crist, 87 Ark. 434; Frazier v. Poindexter, 78 Ark. 241; Mechem on Agency, Secs. 768-770; Shields v. Coyne, 29 L. R. A. (N. S.) 472;…
2Cases cited6 opinions
- Euper v. StateSupreme Court of Arkansas · 1907
- Sorrells v. McHenrySupreme Court of Arkansas · 1881
- Mississippi Valley Construction Co. v. Charles T. Abeles & Co.Supreme Court of Arkansas · 1908
- Bryant Lumber Co. v. CristSupreme Court of Arkansas · 1908
- Frazier v. PoindexterSupreme Court of Arkansas · 1906
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Home Indemnity Co. of New York v. BoboSupreme Court of Arkansas · 1932