INSURANCE, INC. v. FURNEAUX

No. 6157.

308 P.2d 577 (1957)

62 N.M. 249

INSURANCE, Inc., a corporation, Plaintiff-Appellee, v. Chris FURNEAUX, d/b/a Furneaux Agency, Defendant-Appellant.

Supreme Court of New Mexico.

March 11, 1957.


Attorney(s) appearing for the Case

William J. Torrington, Thomas N. Keltner, Albuquerque, for appellant.

Simms, Modrall, Seymour, Sperling & Roehl, Thomas J. Smiley, Albuquerque, for appellee.


McGHEE, Justice.

Plaintiff, Insurance Incorporated, was a local insurance agent in Albuquerque, New Mexico, for Great American Casualty Company, a Texas Corporation. Defendant, Furneaux Agency, was the general agent in the State of New Mexico for Great American Casualty Company. Great American was placed in the hands of a receiver in Texas on either June 17, 1954 or July 7, 1954. Shortly thereafter an ancillary receiver was appointed in New Mexico.

The plaintiff...

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