German American State Bank v. Mutual Benefit, Health & Accident Ass'n

This is an action for damages brought by the German American State Bank against the Mutual Benefit, Health & Accident Association, Glair O. Oriss, president of such association, and Floyd C. Grovey, a soliciting agent. The action is based upon the claim that certain worthless notes, taken by Grovey, and other soliciting agents, as first premium notes on policies issued by the defendant insurance company, had been sold to the plaintiff bank through false and fraudulent representations, made by the said agents; that the said Grovey and other soliciting agents, in so doing, acted within their…