Gibson v. Agricultural Life Ins. Co. of America

On January 28,1918, one George J. Gibson, now deceased, who was the husband of plaintiff, entered into a written contract of agency with the defendant company under which he was engaged to solicit applications for life insurance, and he continued in the employ of said insurance company under the contract until his death on November 15, 1927. The provisions of this contract deemed essential for consideration of the questions involved in this case are the following:

“5. The renewal commission provided herein shall be vested in the agent, his heirs or assigns, for the entire time provided in this…