Stone & Webster Engineering Corp. v. Hamilton Nat. Bank, for Use and Benefit of Employers' Liability Assur. Corp., Limited

MARTIN, Circuit Judge.

In a court action tried in the United States District Court for Eastern Tennessee, judgment for $5,000, with accumulated interest, was awarded the appellee, Hamilton National Bank, for the use and benefit of its insurer, The Employers’ Liability Assurance Corporation, Limited, against the appellants, Stone & Webster Engineering Corporation and its insurer, Liberty Mutual Insurance Company. Liability was grounded upon substantial evidence that Clyde Bales, an employee of Stone & Webster, had stolen $5,000 in cash from the Hamilton National Bank and turned it in to his…