EDWARDS, Judge.
Plaintiff, Brunson Bonding & Insurance Agency, Inc. ("Brunson"), is a general insurance agency which handled the business of the defendant, Floyd Electric Company, Inc. ("Floyd"). In August and September of 1976, Brunson issued four insurance policies to Floyd with United States Fidelity & Guaranty Company. Premiums on the four policies totaled $45,288.00.
In order to finance the premiums on the policies, Floyd and Brunson executed...
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