Bone v. New York Life Insurance

Taylor, C.

Judgment was rendered for defendant on the pleadings and plaintiff appealed.

Plaintiff was in the employ of defendant for several years as a soliciting agent under a written contract which gave either party the right to terminate it upon 30 days’ written notice. Defendant terminated the contract by giving the required notice. Under the contract plaintiff received as compensation a specified part of the premium for the first year upon all insurance secured by him and also a specified part of the renewal premiums paid upon such insurance for the second year.

Defendant had adopted a plan…