Morgan v. American Fidelity Fire Ins. Co

GARDNER, Chief Judge.

This appeal is from a judgment which by its terms adjudged that the debt due from appellant to appellee was for funds belonging to appellee misappropriated by appellant while acting in a fiduciary capacity. We shall refer to the parties as they appeared in the trial court. It appears from the evidence and the court found that defendant on the 20th day of October, 1952, was in the insurance business in the City of Little Rock, Arkansas ; that on that date he entered into a written contract with plaintiff by which he became the agent of plaintiff with power to write and…