Union Central Life Insurance v. Coolidge

The facts stated below appear from the pleadings and answers to interrogatories. A Superior Court judge on the insurance company’s (Union) motion (see G. L. c. 231, § 59, as amended through St. 1965, c. 491, § 1), ordered judgment for Union of $2,752.55, with interest from December 28, 1964. The case is before us on Coolidge’s bill of exceptions.

Coolidge was employed by Union, as a licensed agent for it in Massachusetts, to solicit the purchase of life insurance. During 1964, Union advanced to Coolidge $3,620.55, under “a program of advances or a drawing account.” Each advance was governed by…