British American Assurance Co. v. Neil
Supreme Court of Iowa
Appeal from Marshall District Court. — Hon. S. M. Weaver, Judge. Action upon a bond given by defendant Neil and his sureties, the other defendants, to secure the proper performance of his duties and obligations as an agent of plaintiff, and the payment of all sums of money received by him for plaintiff.
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Appeal from Marshall District Court. — Hon. S. M. Weaver, Judge. Action upon a bond given by defendant Neil and his sureties, the other defendants, to secure the proper performance of his duties and obligations as an agent of plaintiff, and the payment of all sums of money received by him for plaintiff. One of the points of contention was as to the liability of the sureties on account of a county warrant for seventy-five dollars, taken by the agent for a premium, which the company refused to accept, and which the agent pledged for a loan of fifty dollars to himself. Afterwards, on the…
1Opinion of the CourtBeck, J.
1 ‘ insurance^ fOT whai — 1. The facts as found by the district court are these : The defendant Niel, having for several years been agent for plaintiff, with the other defendants executed the bond in suit to ‘ secure the correct discharge of his duties as agent. Prior to the execution of the bond Neil had given plaintiff another bond for the same purpose as the present bond. Prior to the execution of the bond in suit, Neil had issued policies, collecting a part of the premiums, and a part remaining unpaid. It was in accord with the custom of the business to give customers credit until the…
2Cited by3 opinions
- Aldrich v. PaineSupreme Court of Iowa · 1898
- Riner v. New Hampshire Fire InsuranceWyoming Supreme Court · 1900
- Roe v. McCaughanSupreme Court of Iowa · 1901