Louisiana Court of Appeal March 8, 1965, No. 1747 (John E. Hunt Insurance Agency, Inc. v. Montaldo)

YARRUT, Judge.

Defendants appeal from a judgment of the lower court awarding Plaintiff $5,342.-00, being 10% of the premium of $53,420.00' on a performance bond, countersigned by it, for a construction contract, which was executed by the Alabama General Insurance Company and procured by Defendant insurance agency as soliciting agent. The bonded contractor was R. L.