An agreement between the agent of an insurance company and an applicant for insurance, whereby the former, without authority from the company, accepted, by way of satisfaction of a premium payable in money, articles of personal property, is a fraud upon the company, and no valid contract against it arises therefrom. Mr. James A. Garfield, for the appellant, cited Insurance Company v. Wilkinson, 13 Wall. 222; Masters v. Madison County Alert Insurance Co., 11 Barb. 624; May on Ins., sects. 134, 143; Taylor v. Merchants' Fire Ins. Co., 9 How. 390: 42 N.Y. 54; 20 Barb. 468; 2 Ins. Law Jour. 23; 25 Barb. 189; Hallock v. Commercial Ins. Co., 2 Dutch. 268; 25 Conn. 207; id. 542; 43 Barb. 351; Cooper v. Pacific, 3 J.C.R. 254 3 Ohio St. 549; 4 id. 353; Fraternal Life Ins. Co. v. Applegate, 7 id. 292; Bliss on Life Ins., sect. 317. Mr. H.L. Terrell for the appellee.