Royal Indemnity Co. v. Federal Reserve Bank of Cleveland Cincinnati Branch

DRUFFEL, District Judge.

The above-entitled action was submitted to the court for decision upon the pleadings and stipulations as to relevant and material evidence, from which it appears:

That during the period July 28, 1931, to August 16, 1933, Ralph A. Cable, Longmont, Colorado, was employed by the Union Central Life Insurance Company of Cincinnati, as agent; that as such agent he was authorized to solicit and submit applications for life insurance and to render service to all policyholders in his territory incident to their policies, including the delivery to such policyholders of all checks…