Capital Fire Insurance v. Watson
Supreme Court of Minnesota
Action in the district court for Ramsey county to recover $653.41 on a bond executed by defendant Watson as principal and by defendants Haag and Reese as sureties. The case was tried before Willis, J., who directed a verdict in favor of plaintiff for $304.47 as against defendant Watson, and for $279.97 as against defendant sureties. From an order denying a motion for a new trial, defendant Haag appealed.
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Action in the district court for Ramsey county to recover $653.41 on a bond executed by defendant Watson as principal and by defendants Haag and Reese as sureties. The case was tried before Willis, J., who directed a verdict in favor of plaintiff for $304.47 as against defendant Watson, and for $279.97 as against defendant sureties. From an order denying a motion for a new trial, defendant Haag appealed. The reports were inadmissible as against the sureties to show receipt of the premiums. Lancashire Ins. Co. v. Callahan, 68 Minn. 277, 279; White v. Herman, 56 Tenn. 475; Kellum v. Clark, 97…
1Opinion of the CourtCanty, J.
On May 8, 1897, the defendant Watson was appointed by the plaintiff insurance company as its agent at St. Paul. To secure the faithful performance of his duties, he as principal, and the other defendants as sureties, executed to plaintiff a bond in the sum of $1,000. The conditions of the bond are, in part, that Watson
“Shall duly and properly account for, pay over, and apply all sums-of money which may be received by him as such agent, whether for premiums of insurance, or with which to pay losses, or upon salvages, collections, or otherwise, * * * and shall keep true and correct books of…
2Cases cited3 opinions
- Lancashire Insurance v. CallahanSupreme Court of Minnesota · 1897
- Manchester Fire Assurance Co. v. RedFieldSupreme Court of Minnesota · 1897
- Traders' Insurance v. HerberSupreme Court of Minnesota · 1897
3Cited by11 opinions
- FRANK GARDNER HDWE. AND SUPPLY CO. v. St. Paul Fire and Marine Ins. Co.Mississippi Supreme Court · 1963
- Farmers Co-operative Exchange Co. v. United States Fidelity & Guaranty Co.Supreme Court of Minnesota · 1921
- Indiana & Ohio Live Stock Insurance v. BenderIndiana Court of Appeals · 1904
- Hall v. United States Fidelity & Guaranty Co.Supreme Court of Minnesota · 1899
- Star Insurance Co. of America v. CareySupreme Court of Kansas · 1928
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