New Mexico Supreme Court December 19, 1936, No. 4158. (Jones v. Green)

BRICE, Justice.

On April 16, 1929, the appellee, H. F. Green (hereafter styled appellee), executed an instrument called “Underwriter’s Agreement,” in which, among other things, it was provided that appellee would engage in the business of “individual underwriting upon policies and contracts of insurance and re-insurance” and in furtherance of this purpose adopted the underwriter’s agreement,