Court Opinion

ID: 9825989
Source: CourtListenerOpinion
Date Created: 2023-09-01 15:09:24.835197+00
Date Added: 2024-06-11T09:02:21.298284
License: Public Domain

Mr. Justice Fraser.
I dissent. If it be true that the insured was willing to take a different kind of policy from that originally applied for, had expressed her willingness to do so, and that the general agent had the authority to waive the payment of the initial premium in cash, and to substitute therefor a parol agreement to look to future unearned profits for the payment of the initial premium, still the record shows that the agent of the deceased, who was authorized to make the payment, did not do so, but took for his own use the profits when earned, and thereby failed to carry out the agreement on behalf of the insured.