Legal Opinion

Boston Securities, Inc. v. United Bonding Insurance

Court of Appeals for the Eighth Circuit

Decided May 10, 1971No. Nos. 20241, 20248PublishedCited by 1 opinion

1Opinion of the Court

LAY, Circuit Judge.

This is a suit on a fidelity bond. Plaintiff Boston Securities, Inc., which is in the business of making small loans, recovered against its bonding company a judgment for $17,700.45 with interest at 6 percent per annum from March 8, 1967.1 309 F.Supp. 1270 (E.D.Mo.1970). We affirm the judgment of the district court.

Recovery was based on $13,913.99 for bad loans on which plaintiff’s employee, Bruce L. Yates, an office manager, acted contrary to the best interest of Boston Securities by falsifying credit applications to improve the apparent financial condition of several…

2Cases cited6 opinions

  1. General Finance Corporation, Bankrupt, by Ronald W. Wright, Trustee v. The Fidelity and Casualty Company of New YorkCourt of Appeals for the Eighth Circuit · 1971
  2. In the Matter of Solari Furs, a Partnership, Theodore Rosenberg and Robert Rosenberg, Bankrupts-Appellants v. United StatesCourt of Appeals for the Eighth Circuit · 1971
  3. Arthur Murray, Inc. v. Reserve Plan, Inc., Educational Credit Bureau, Inc. And Tuition Plan, Inc. v. Reserve Plan, Inc.Court of Appeals for the Eighth Circuit · 1969
  4. London & Lancashire Indemnity Co. v. Peoples Nat. Bank & Trust Co.Court of Appeals for the Seventh Circuit · 1932
  5. Eagle Indemnity Co. v. CherryCourt of Appeals for the Fifth Circuit · 1950

1 more not listed; retrieve them via the Exa API.

3Cited by1 opinion

  1. Boston Securities, Inc., a Corporation v. United Bonding Insurance Company, a Corporation, and Bruce L. Yates, an Individual. Boston Securities, Inc., a Corporation, United Bonding Insurance Company, a Corporation v. Bruce L. Yates, an IndividualCourt of Appeals for the Eighth Circuit · 1971

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