Mason v. Prince

WALTHALL, Justice.

This is a suit by W. D. Prince, Receiver of the Lloyds of Texas, appellee, filed on May 26, 1934, in the 101st Judicial District Court, and subsequently transferred to the 44th District Court of Dallas County, Texas, against H. B. Mason, appellant, an underwriter of the Lloyds of Texas, to recover on the latter’s subscription contract the sum of $1,220, which sum is appellant’s several and pro rata liability on losses and claims which have accrued against the Exchange on policies issued, from the time he became an underwriter on January 18, 1929, until the cancellation of…