United States Quarry Tile Co. v. Massachusetts Bonding & Ins.
Court of Appeals for the Sixth Circuit
1Opinion of the Court
SIMONS, Circuit Judge.
The appeal involves the construction of an indemnity bond given by the appellee to insure the appellant’s bank deposits, and a claim of estoppel asserted by the assured, based upon a construction of the bond made by a general agent of the surety and relied upon by the assured. The judgment below upon trial to the court without a jury was for the surety in the principal amount involved, and the assured appeals.
In 1930 the assured had both a cheeking and a savings deposit account in the Harter Bank of Canton, Ohio. Mr. Cable, its president, being solicited for business by…
2Cases cited7 opinions
- Northern Assurance Co. v. Grand View Building Assn.Supreme Court of the United States · 1902
- Continental Life Insurance v. ChamberlainSupreme Court of the United States · 1889
- Sun Insurance Office v. ScottSupreme Court of the United States · 1931
- Clarksburg Trust Co. v. Commercial Casualty Ins. Co.Court of Appeals for the Fourth Circuit · 1930
- Federal Surety Co. v. A. Bentley & Sons Co.Court of Appeals for the Sixth Circuit · 1931
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3Cited by3 opinions
- Sun Insurance Office, Limited, a Corporation v. Chet L. GonceCourt of Appeals for the Ninth Circuit · 1955
- Employers' Liability Assurance Corp. v. HoweyDistrict Court, E.D. Michigan · 1954
- Holden v. Truck Insurance ExchangeNevada Supreme Court · 1957