American National Assurance Co. v. Ricketts

Opinion op the Court by

Commissioner Hobson—

Affirming.

Hal M. Ricketts was a general agent of the American National Assurance Company of St. Louis, Mo., for a term of two years, beginning February 20, 1926. He was to receive compensation at a given rate on premiums collected on renewals of policies. He brought this suit at the end of his term to recover $400.51, the amount he alleged to be due him on renewals. The company by its answer admitted the claim sued on in the petition, and by counterclaim pleaded that by the contract it agreed to pay him a bonus of 5 per cent, where the production of…