Bohlinger v. Ward & Co.

The opinion of the court was delivered by

William J. Bkeuktan, Jr., J.

Plaintiff, statutory liquidator of Preferred Accident Insurance Company of New York, seeks a judgment requiring defendant, Ward & Company, to account for and pay over premiums of $6,112.97 in the latter’s hands on April 30, 1951 when the order of liquidation was entered in the Supreme Court of New York. Under a written agency agreement, dated July 1, 1949, the defendant was named the insurance company’s agent “to receive and accept proposals for * * * contracts of insurance,” and to “collect, receive and receipt for…