Arcim Corp. v. Pink

This question has been submitted to us upon an agreed statement of facts: “ May plaintiff lawfully, under its license, act as broker in procuring the issuance of policies of insurance in which the named assureds are Aaron Rabinowitz, James L. Clare and Lawrence N. Martin, and their successors in trust, as trustees of Series P-1, and/or corporations the stock of which is directly or indirectly wholly owned by said trustees, and may plaintiff lawfully receive commissions for acting as broker in procuring said policies? ”

Plaintiff is a domestic corporation, licensed to do business as an…