Michigan Fire & Marine Insurance v. Rose

Appellant is a fire insurance company doing business in tbis state. Appellee is its local agent at Texarkana with power and authority to countersign and deliver policies of insurance in appellant’s behalf and to transact business generally for appellant under the directions of Cunningham & Newell Company, general agents for appellant, of Little Rock. On May 22, 1936, appellee executed and delivered appellant’s policy of fire insurance to A. O. Powell of Texarkana, covering $400 for stock of merchandise and $1,000 for furniture and fixtures. On June 11,1936, said general agents, Cunningham &…