INTERNATIONAL SERV. INS. CO. v. DALLAS ASS'N OF INS. AG.

No. 10884.

351 S.W.2d 297 (1961)

INTERNATIONAL SERVICE INSURANCE COMPANY et al., Appellants, v. DALLAS ASSOCIATION OF INSURANCE AGENTS et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied November 15, 1961.


Attorney(s) appearing for the Case

Heard L. Floore, Fort Worth, O'Quinn, McDaniel & Randle, Howell Finch, Austin, Will Wilson, Atty. Gen., Fred B. Werkenthin, R. V. Loftin, Jr., Asst. Attys. Gen., for appellants.

Fulbright, Crooker, Freeman, Bates & Jaworski, W. H. Vaughan, Jr., Houston, Thompson, Coe, Cousins & Irons, Dallas, for appellees.


ARCHER, Chief Justice.

This is an appeal from a district court judgment setting aside an order of the State Board of Insurance, and enjoining appellants from operating thereunder. The order approved a guaranty bond filed for approval by appellant, International Service Insurance Company, designed to guarantee payment of losses under fire insurance policies of other insurers, including appellant Fort Worth Lloyds, in the event the latter should become insolvent, be...

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