Feller v. New Amsterdam Casualty Co.

Opinion by

Mr. Justice Horace Stern,

The question is whether a certain purchasing agent was an employee of plaintiffs within the meaning of a “blanket position bond” which defendant had issued to them. The bond agreed to indemnify them against any loss of money or other property through theft or embezzlement committed by any of their employees.

On May 12, 1947, one Edward J. Van Tassell was engaged by plaintiffs to buy and sell automobiles on their behalf, they being dealers in used cars. On May 27, 1947, he received from them the sum of $3,100 for the purpose of purchasing certain automobiles;…