Court of Appeals of Texas December 17, 1937, No. 13643. (Commercial Standard Ins. v. Fidelity Union Ins.)

BROWN, Justice.

Certain fire insurance companies, including the appellee, in September, 1924, entered into what seems to be known among insurance companies as a “pool,” the contract being in writing, and the intent and purpose of which was “to provide automatic and reciprocal reinsurance between and among the subscribing Companies against their severally incurred liabilities under all policies