Hanna v. Minnesota Life Insurance

145 S.W. 412, 241 Mo. 383, 1912 Mo. LEXIS 292
CourtSupreme Court of Missouri
DecidedMarch 21, 1912
StatusPublished
Cited by6 cases

This text of 145 S.W. 412 (Hanna v. Minnesota Life Insurance) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hanna v. Minnesota Life Insurance, 145 S.W. 412, 241 Mo. 383, 1912 Mo. LEXIS 292 (Mo. 1912).

Opinion

ROT, C.

— This action for malicious prosecution was brought in the circuit court of Jackson county, resulting in a judgment for plaintiff for $3500 on the first count and $8500 on the third count, the second [385]*385count being dismissed by plaintiff. Defendant appeals.

This proceeding is the result of a charge of embezzlement made by the insurance company against plaintiff, who was a member of the firm of Hanna & Redmon, who were the general agents of the company of Kansas City. Redmon was made a party defendant herein, but has been practically ignored as a party defendant by both sides and hereafter, for convenience, unless otherwise necessary, we shall speak of the firm as Hanna, and of the company as the defendant.

The contract, so far as necessary to be stated, was as follows:

This agreement, made this 16th day of January, 1904, between the Minnesota Mutual Life Insurance Company, of St. Paul, Minnesota, first party, hereinafter referred to as the company, and J. M. Hanna and J. B. Redmon, copartners, as Hanna & Redmon, of Kansas City, in the State of Missouri, second party, hereinafter referred to as the agents of the company:
Witnesseth: That the company does hereby appoint the said agents for the purpose of establishing and maintaining an agency in the State of Missouri and in Indian Territory (except the following counties in the State of Missouri, viz.: St. Louis, Jefferson, Ste. Genevieve, Perry, St. Francois, Washington, Crawford, Franklin, Gasconade, Warren, St. Charles, Lincoln, Pike, Audrain, Callaway and Montgomery); the appointment and supervision of local or sub-agents in said territory and of. personally canvassing for applications of insurance' on the lives of persons who shall be satisfactory to the company, and for the purpose of collecting and paying over premiums on such insurance when effected in person or through local or sub-agents and of performing such other duties as may be required by the company in connection therewith. This appointment and its continuance are based on the following terms and conditions, which are agreed to by each party hereto:
First: The said agents shall act exclusively for The Minnesota Mutual Life Insurance Company, so far as to tender it all risks or applications obtained by them or by any local or sub-agents appointed by them. They shall earnestly and faithfully solicit applications for insurance and to this end will cause the territory herein mentioned to be thoroughly and ably canvassed by them and by their local or sub-agents, to be appointed by them as hereinafter provided, for whose fidelity and honesty and indebtedness, if any, to the company they shall be responsible to the company. They shall be governed in the business of their agency [386]*386strictly by the written and printed instructions which they may receive from time to time from the company, consistent with this agreement and their duties hereunder.
Second: Said agents shall keep accurate and regular books of account, -of- all their local or sub-agents’ transactions, for or on behalf of said company, and shall on or before the 10th day of each month, or oftener, if required, transmit to said company a report in detail embracing every item of insurance done by them, or through or under them by local or sub-agents, up to and including the last day of the preceding month, or period since the last report, showing the balance due the company, which balance must be remitted with their monthly or more frequent reports, to the company, by check or draft drawn to the order of the Minnesota Mutual Life Insurance Company. Said report shall show a list of all new policies remaining on hand, and all policies not delivered and paid for within ninety days from the dates respectively of their receipt, by the agent from the company must be returned to the home office.
Said agents agree that all books of account, documents, vouchers, and other books or papers connected with the business of said company shall be the property of the company and at any and all times to be open to the officers of the company, the manager of agencies and other duly authorized representatives, and be freely exhibited for the purpose of examination and shall be immediately returned to the company upon request.
Third: It is expressly agreed and understood that all moneys or securities received or collected for or on behalf of the company by said agents or by any local or sub-agents appointed by them, shall be held by the agents hereby appointed as a fiduciary trust, and shall not be used by them for any purpose whatever, but shall be remitted to the company as provided above.
Fourth: The said agents have no authority on behalf of the company to make, alter, or discharge any contract or waive forfeitures or receive any moneys due or to become due to said company, except on policies and renewal receipts signed by an officer of the company, sent them for collection, or on other written authority.
They shall have no authority to accept or receipt for any renewal premium for which the regular receipt signed by the secretary or other officer is not then in their possession, nor shall they have any authority to accept any new or renewal premiums past due, otherwise than conditionally upon the approval of the company.
Fifth: Within said territory said agents shall have the right, but by written contract only, to appoint local or sub-agents subject to the approval of the company and to such terms and conditions and to such rules and instructions as the company may establish.
Sixth: In consideration of and conditioned upon the prompt and faithful performance of said agents’ duties hereunder, and [387]*387of the performance by their local or sub-agents of their duties and services, as herein provided for, the company agrees:
(a) To allow and pay the said agents commissions upon the first year’s premiums paid and collected in cash on policies issued by the company upon applications procured by said agents personally or through their local or sub-agents as follows: Participating policies. On ordinary life, twenty payment life, twenty year endowment, twenty-five year endowment and thirty year endowment, fifteen and twenty year accdmulation policies, 75 per cent. Special commission rates on other forms of policies will be fixed and determined by the company from time to time when necessary.
In addition to the commissions above mentioned, the company will allow and pay said agents a bonus of three and 50-100 dollars ($3.50) on each one thousand dollars of participating insurance, other than term, written and paid for in said territory; said amount to be deducted from the premium before remitting to the company, whenever practicable, or if not so deducted, to be thereafter accounted for and remitted by the company to the agents monthly.

Prior to the 16th day of January, 1904, Ilanua was the general agent of the company at Kansas City and with reference to his settlement of his accounts up to the date of the Hanna & Eedmon agency, Mr. Palmer, -the president of the company, testified, “At the close of the period when the new contract was made, according to the best of my recollection, there were some notes that were not accounted for, and, in order to aid Mr.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Dodson v. MFA Insurance Company
509 S.W.2d 461 (Supreme Court of Missouri, 1974)
Dobbins v. United States
157 F.2d 257 (D.C. Circuit, 1946)
Smith v. State
1944 OK CR 36 (Court of Criminal Appeals of Oklahoma, 1944)
People v. Hopper
264 N.W. 849 (Michigan Supreme Court, 1936)
State v. Moreaux
162 S.W. 158 (Supreme Court of Missouri, 1914)

Cite This Page — Counsel Stack

Bluebook (online)
145 S.W. 412, 241 Mo. 383, 1912 Mo. LEXIS 292, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hanna-v-minnesota-life-insurance-mo-1912.