Court Opinion

ID: 9586089
Source: CourtListenerOpinion
Date Created: 2023-08-21 23:07:05.853072+00
Date Added: 2024-06-11T17:24:20.182731
License: Public Domain

Felton, Chief' Judge,
dissenting.’
Construing the insurance *268policy in connection with the compensation law which is a part of the contract, it means that the insurance company agreed to pay compensation to an officer of the corporation if he was injured in an accident arising out of the performance of the duties of an employee performed by the officer. The board was authorized to find that the entire salary of the president was paid to him in the capacity as salesman and that he received no salary for executive duties. No estoppel could arise against the insurance carrier unless it knowingly based the premium charge on an amount of remuneration paid to the president as such. The mere fact that the premium charge was based on approximately two-thirds of the officer’s entire salary of $600' per month would not estop the insurance company, when the evidence authorized the finding that the entire salary was paid to the president in the capacity of salesman. I think the board’s finding was authorized and that the court correctly affirmed it.