People ex Rel. Palmer v. State Life of Illinois

1 Citing case

  1. Conrad v. Olds

    110 Ind. App. 208 (Ind. Ct. App. 1941)   Cited 9 times
    Holding that the agent's knowledge will not be imputed to the principal if the agent acts in the adverse interest of the principal

    Such assets were a trust fund for the benefit of policyholders 10. in the event of insolvency. Couch's Cyclopedia of Insurance Law, Vol. 8, ยง 2043, p. 6692; State v. American Bond. Cas. Co. (1928), 206 Iowa 988, 221 N.W. 585; In re Liquidation of Inter-State Exchange (1933), 211 Wis. 258, 247 N.W. 839; People ex rel. Palmer v. State Life of Illinois (1938), 296 Ill. App. 337, 15 N.E.2d 985. Appellant's decedent having transferred his stock certificates for value with a blank indorsement and delivered them to the Federal Underwriters, Inc., with knowledge that they were 11.