Sales Corp. v. United States Fidelity & Guaranty Co.

The chief and, indeed, the decisive question in this case, as shown by the record, is whether the guaranty of the bond is limited to the defalcations of the- employee, Sneed, in managerial service, at Oxford, Ala., or whether it covers such service, as actually rendered by him, in the Denegre Company’s business, at Anniston.

The trial court received evidence showing that the company never had a place of business at Oxford, but did have one at Annis-ton, where it operated one of its stores at the time of defendant’s guaranty, and continuously from, 1918 to 1921; and that Sneed, at first, lived…