Frank D. Ford, T/a Ford and Costello Agency v. The Lafayette Life Insurance Company

Appellant and Joseph Costello, operating under their partnership name as the Ford and Costello Agency, were appointed by the appellee insurance company to be its “Regional Directors” for the State of Maryland, Washington, D. C., and the northern part of Virginia. The Regional Directors agreed “to assume full responsibility for appointing, training and supervising General Agents and Agents” in their territory. As full payment for prescribed services, certain bonus payments were provided for by the contract. Pursuant to the partnership agreement, Costello notified appellant that he was…