National Surety Co. v. Mutual Veneer Co.

HICKS, Circuit Judge.

Suit at law by Mutual Veneer Company, a corporation, and appellee, engaged in the manufacture and sale of veneer and similar products, against National Surety Company, an indemnity insurance company, and appellant, upon a credit insurance policy issued September 3, 1929, and designed to protect against losses caused by the insolvency of customers to whom credit had been extended. The particular losses here involved were upon shipments made by appellee between September 3, 1929, and November 16, 1929, to Sonora Phonograph Company, Inc. Appellee had judgment.

Appellant by…