Pierce Petroleum Corp. v. Guaranty Bond State Bank of Mt. Pleasant

The appellant is a foreign corporation, and has a permit to do business in the state of Texas. Some time prior to January 1, 1926, it established an agency at Mt. Pleasant, in Titus county, Tex., for the purpose of selling petroleum products, such as gasoline, oil, and similar articles. During the year 1925 and part of 1926 G. H. Reidout was the representative in charge of that agency., Reidout,was authorized to sell appellant’s goods for cash and on time. He was required to report his sales and make remittances periodically to the appellant’s Dallas office. He received as compensation for Ms…