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RESERVE INSURANCE COMPANY v. GAYLE

No. 11513.

393 F.2d 585 (1968)

RESERVE INSURANCE COMPANY, Appellant, v. Joseph Y. GAYLE, Appellee.

United States Court of Appeals Fourth Circuit.

Decided April 3, 1968.

Attorney(s) appearing for the Case

Aubrey R. Bowles, Jr., Richmond, Va. (Aubrey R. Bowles, III, and Bowles & Boyd, Richmond, Va., on brief), for appellant.

William H. King and Robert A. Drash, Richmond, Va. (McGuire, Woods & Battle, Richmond, Va., on brief), for appellee.

Before SOBELOFF, BOREMAN and WINTER, Circuit Judges.

WINTER, Circuit Judge:

Reserve Insurance Company ("Reserve") sued Joseph Y. Gayle ("Gayle") on two guaranties wherein Gayle guaranteed the remittance by Joseph Y. Gayle, Inc. (now known as Mid-Altantic Underwriters, Incorporated, and hereafter called "Mid-Atlantic") of Reserve's premiums on insurance placed by Mid-Atlantic under the terms and conditions of two agency agreements by and between Reserve and Mid-Atlantic. The district judge submitted to a jury the question...

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