Legal Opinion
American Surety Co. of New York v. Shaw
Court of Appeals for the Fifth Circuit
Decided December 15, 1931No. 6278PublishedCited by 11 opinions
1Opinion of the Court
HUTCHESON, Circuit Judge.
The First State Bank of Idalou, Tex., having become insolvent, was taken over for liquidation by the banking commissioner. He brought this suit against appellant as surety on two fidelity bonds issued to the bank, one guaranteeing the fidelity of T. B. Walker, cashier, the other, the fidelity of H. B. Stewart, assistant cashier, each for the sum of $10,000.
It was alleged that beginning in April, 1928, and continuing to January 30, 1929, *551when the bank was taken over for the purpose of liquidation, the bank had sustained a pecuniary loss of more than the full amount of…
2Cases cited6 opinions
- American Surety Company v. PaulySupreme Court of the United States · 1898
- Saint v. Wheeler & Wilson Manufacturing Co.Supreme Court of Alabama · 1891
- Austin v. NeimanTexas Commission of Appeals · 1929
- Screwmen's Benevolent Ass'n v. SmithTexas Supreme Court · 1888
- Hebert v. LeeTennessee Supreme Court · 1906
1 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Maryland Casualty Co. v. American Trust Co.Court of Appeals for the Fifth Circuit · 1934
- In Re Chateaugay Corp.United States Bankruptcy Court, S.D. New York · 1990
- Fidelity & Deposit Co. of Maryland v. People's Bank of SanfordCourt of Appeals for the Fourth Circuit · 1934
- AMERICAN EMPLOYERS'INS. CO. v. CableCourt of Appeals for the Fifth Circuit · 1939
- United States Fidelity & Guaranty Co. v. Commercial Nat. BankCourt of Appeals for the Fifth Circuit · 1933
6 more not listed; retrieve them via the Exa API.