Equitable Accident Insurance v. Stout

The appellant sued the appellees on two bonds, each in the sum of twenty-five hundred dollars, and conditioned for the faithful discharge of his duties by the appellee Stout, as the general agent of the appellant for the State of Indiana, and for the prompt payment to said company of all premiums collected by him for said company. The complaint alleges that said Stout defaulted in the payment of sums received by him for the appellant, and that on the 4th day of February, 1888, said agency was surrendered by Stout and by agreement of said company; and the appellant, said company, selected one…