Legal Opinion

Sherman v. Harbin

Supreme Court of Iowa

Decided July 13, 1904PublishedCited by 8 opinions

Appeal from Blackhawk District Court.— Hon. Franklin O. Platt, Judge. Action on two bonds executed by Geo. W. Harbin,- as president of the Equitable Mutual Association with the ’United States Fidelity & Guaranty Company as surety. Trial without jury resulted in a judgment as prayed. The defendants appeal.

1Opinion of the CourtLadd, J.

1. Mutual life insurance officers; breach of duty. George W. Harbin was president of the Equitable Mutual Life Association of Waterloo, Iowa, from March 2, 1898, to March 2, 1899. As required by the articles of incorporation and .section 1787 of the Code, he executed a bond, with defendant as surety, for the first year, conditioned he should “ render a true account of his office and of his doings therein to the. proper authority when required thereby or by law, and shall promptly pay over to the persons or officers en*176titled thereto all moneys which may come into his hands at the termination…

2Cases cited25 opinions

  1. American Surety Company v. PaulySupreme Court of the United States · 1898
  2. Etting v. Bank of United StatesSupreme Court of the United States · 1826
  3. Magee v. Manhattan Life InsuranceSupreme Court of the United States · 1876
  4. Tapley v. MartinMassachusetts Supreme Judicial Court · 1874
  5. Western New York Life Insurance v. ClintonNew York Court of Appeals · 1876

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3Cited by8 opinions

  1. Wooddale, Inc. v. Fidelity and Deposit Company of MarylandCourt of Appeals for the Eighth Circuit · 1967
  2. Mechanicsville Trust & Savings Bank v. Hawkeye-Security Insurance Co.Supreme Court of Iowa · 1968
  3. FRANK GARDNER HDWE. AND SUPPLY CO. v. St. Paul Fire and Marine Ins. Co.Mississippi Supreme Court · 1963
  4. Brenizer v. Royal Arcanum.Supreme Court of North Carolina · 1906
  5. The Shepard Land Company v. BaniganSupreme Court of Rhode Island · 1913

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