Legal Opinion
Maryland Casualty Co. v. American Trust Co.
Court of Appeals for the Fifth Circuit
Decided June 6, 1934No. 7083PublishedCited by 18 opinions
1Opinion of the Court
HUTCHESON, Circuit Judge.
This suit, brought to recover losses on stock loans, is on a banker’s blanket bond insuring appellee against “direct loss * * * ” “from any dishonest act of its employees,” issued 'by appellant in February, 1929. The claim is that Ikard, appellee’s president, secretly and covinously obtained funds of the bank to finance his stock market operations, carried on in other names, by having persons, known to him to be insolvent, execute notes, while keeping that fact and the fact of his interest concealed from the.bank.
The District Judge, who tried the case on a jury…
2Cases cited6 opinions
- United States Fidelity & Guaranty Co. v. Bank of ThorsbyCourt of Appeals for the Fifth Circuit · 1931
- Ætna Casualty & Surety Co. v. AustinCourt of Appeals of Texas · 1926
- Maryland Casualty Co. v. Farmers' State Bank & Trust Co.Court of Appeals of Texas · 1924
- American Surety Co. of New York v. ShawCourt of Appeals for the Fifth Circuit · 1931
- United States Fidelity & Guaranty Co. v. HowardCourt of Appeals for the Fifth Circuit · 1933
1 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Lee A. Everhart v. Drake Management, Inc., Union Commerce, Defendant-Third Party v. Fireman's Fund Insurance Co.Court of Appeals for the Third Circuit · 1980
- Fidelity & Deposit Co. of Maryland v. BatesCourt of Appeals for the Eighth Circuit · 1935
- First National Bank Co. v. Insurance Co. of North AmericaCourt of Appeals for the Seventh Circuit · 1979
- First National Bank Company Of Clinton, Illinois v. Insurance Company Of North AmericaCourt of Appeals for the First Circuit · 1979
- Fidelity & Casualty Co. of New York v. Central Bank of HoustonCourt of Appeals of Texas · 1984
13 more not listed; retrieve them via the Exa API.