North River Ins. Co. of N.Y. v. Thompson

The appellee, Lovai-a Thompson, owned a one-story frame dwelling in Dardanelle, Arkansas. She had procured insurance for several years through R. T. Boyce. Mr. Boyce had been in the insurance business for a number of years, and he also represented the Tri-State Savings & Loan Association; and he had secured a loan for Mrs. Thompson from the TriState Savings & Loan Association, and she executed a mortgage to secure the loan. Boyce, when he wrote the policy, delivered it to the mortgagee. Boyce continued to write insurance for her until July, 1931, at which time he and Fred C. Burnett formed a…