Jones v. Fireman's Fund Insurance

This appeal involves the construction of a Bankers Blanket Bond issued by defendant, Fireman’s Fund Insurance Company to plaintiff’s 1 assignor, the Community Bank of San Jose. For convenience, the parties will hereafter be referred to as the Bank and the insurer. The Bank appeals from an adverse judgment after a court trial, in an action to recover losses sustained due to a forgery under the bond, contending that, as a matter of law, the loss was covered under Clause E, and that the trial court erred in refusing to admit evidence concerning the meaning of the term “customer” in Clause D.

Altho…