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PRICE v. GUARANTY NATIONAL INSURANCE COMPANY

No. 41945.

456 P.2d 108 (1969)

E. Ray PRICE, d/b/a Ray Price Insurance Agency, Plaintiff in Error, v. GUARANTY NATIONAL INSURANCE COMPANY, a corporation, Defendant in Error.

Supreme Court of Oklahoma.

June 17, 1969.

Attorney(s) appearing for the Case

Ames, Daugherty, Bynum, Black, Ashabranner & Rogers, Oklahoma City, for plaintiff in error.

Ben L. Burdick, Jack R. Durland, Jr., Crowe, Boxley, Dunlevy, Thweatt, Swinford & Johnson, Oklahoma City, for defendant in error.

LAVENDER, Justice:

This appeal involves the construction of an agreement in writing between Guaranty National Insurance Company, a corporation, and E. Ray Price, doing business as E. Ray Price Insurance Agency, whereby the latter agreed to act as the agent for the former in the sale of insurance within the State of Oklahoma. The petition filed by Guaranty alleged that Price owed Guaranty $5,062.23, which amount represented...

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