State Fair of Texas v. Seay

BROWN, Justice.

Appellee, who was agent for several insurance companies in the spring of 1934, wrote and delivered to appellant a number of fire, windstorm, and plate glass insurance policies, the premiums charged therefor being a sum in excess of $2,506.58. The insured, State Fair of Texas, appellant here, caused all the policies to be canceled on September 24, 1934. When the several policies were canceled, appellant had paid nothing on the premium accounts, the policies having been delivered to it and it having been charged by the agent and various insurance companies for the full premiums.

Th…