Linnell v. London & Lancashire Indemnity Co.

This is an appeal by the defendant from a judgment entered pursuant to a verdict of the jury and from an order denying defendant’s motion for judgment notwithstanding the verdict or for a new trial. The action is based npon a fidelity bond in the sum of $1000.00 wherein the defendant indemnified the Interstate Cooperative Oil Association against “all pecuniary loss of money, securities, or other personal property belonging to the Employer (or in his possession and for which he is legally liable), sustained by said Employer by reason of any fraudulent or dishonest act or acts, amounting to…