Amgro, Inc. v. Johnson

Mr. PRESIDING JUSTICE SCOTT

delivered the opinion of the court:

This case involved competing claims to an insurance record known as an “expiration.” The case was heard in the Circuit Court of Will County under a stipulation of facts and issues. The dispute in the instant case is between Amgro, Inc. (hereinafter Amgro) and Economy Fire and Casualty Company (hereinafter Economy).

On August 17, 1965, Economy and Lincoln Realty, an investment corporation, entered into an agency agreement which provided in part as follows:

“In the event of the termination of this agreement, provided the agent shall…