Legal Opinion

Charles W. Schreiber Travel Bureau, Inc. v. Standard Surety & Casualty Co.

Appellate Division of the Supreme Court of the State of New York

Decided March 5, 1934PublishedCited by 7 opinions

1Opinion of the CourtDavis, J.

The plaintiffs have common officers and employed a common bookkeeper and cashier, one Busch. In this action on a bond given to secure the fidelity of Busch, it is conceded that the premium was paid and a loss followed. There was a condition in the bond that notice of loss must be given to the insurer within ten days; and a limitation that there should be no liability on the bond “ after the Employer shall have become aware of any fraudulent or dishonest act on the part of the Employee.” After the plaintiffs had discovered dishonest and fraudulent acts they were bound to give notice to the…

2Cases cited8 opinions

  1. Watertown Fire Insurance v. SimmonsMassachusetts Supreme Judicial Court · 1881
  2. Bostwick v. . Van VoorhisNew York Court of Appeals · 1883
  3. Lancashire Insurance v. CallahanSupreme Court of Minnesota · 1897
  4. Atlantic & Pacific Telegraph Co. v. BarnesNew York Court of Appeals · 1876
  5. Home Insurance v. HolwaySupreme Court of Iowa · 1881

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3Cited by7 opinions

  1. Lapierre, Litchfield & Partners v. Continental Casualty Co.New York Supreme Court · 1969
  2. American Continental Properties, Inc. v. National Union Fire Insurance Co. of PittsburghAppellate Division of the Supreme Court of the State of New York · 1994
  3. Boyle v. Petrie Stores Corp.New York Supreme Court · 1985
  4. Guaranty Bond State Bank v. TuckerCourt of Appeals of Texas · 1970
  5. JAMESTOWN BRIDGE COM'N. v. American Employ. Ins. Co.Supreme Court of Rhode Island · 1957

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