McDonald v. New World Life Insurance

Appeal from a judgment based upon a verdict in an action where it is sought to recover commissions, claimed to be due from appellant upon a sale of its capital stock. The action was brought against the appellant and the Columbia Finance Company. The finance company, however, was not served. The theory of the respondent is that the finance company was the authorized agent of the insurance company for the sale of the stock, and that, as such, employed him, and that, acting under such employment, he sold the stock on which the commission is claimed. The appellant contends that respondent was not…