Court Opinion

ID: 9833784
Source: CourtListenerOpinion
Date Created: 2023-09-01 23:01:26.407042+00
Date Added: 2024-06-11T07:44:06.689946
License: Public Domain

On Motion for Rehearing by Plaintiff in Error.
In our opinion filed herein on motion for rehearing presented by defendant in error we say:
“Plaintiff in error received the benefit of the contract made by him with the Southwestern Surety Insurance Company, which contract was assigned by that company to defendant in error, and the obligations of the Southwestern Surety Insurance Company having been fully performed by defendant in error, plaintiff in error cannot avoid his obligation to perform his part of said contract on the ground that the SouthWestern Surety Insurance Company is not shown to have had a certificate of authority from the commissioner of insurance and banking to do business in this state at the time said contract was entered into.”
We were in error in stating that the obligations of the Southwestern Surety Insurance Company under the original contract of insurance were fully performed by the defendant in error. A more careful, examination of the record discloses that the contract of insurance, which by its terms was to continue for a period of one year, beginning April 23, 1913, had terminated prior to the assignment by the Southwestern Surety-Insurance Company to the defendant in error 'and the assumption by defendant in error of the contracts and obligations of said company. Such being the facts, the judgment of the court below cannot be sustairied on the theory that defendant in error performed any part of the contract of insurance made by the Southwestern Surety Insurance Company, and the paragraph of our opinion above quoted is withdrawn.
The motion for rehearing has been passed to await the answer of the Supreme Court to the question of whether the judgment of the court below should be reversed because of the absence of any showing by the plaintiff below that the Southwestern Surety Insurance Company, at the time -it made the contract of insurance, was authorized to do business in this state.