Ritzville Warehouse Co. v. Dorgan

Respondent was the holder of a fidelity bond issued by the appellant surety company, insuring against pecuniary loss through the fraud, theft, embezzlement, or other like dishonest act of a certain named employee. Conceiving that such a loss had oe-*26eurred, it brought this action to recover $830, and from a judgment against the surety company in that amount, plus interest and costs, this appeal is prosecuted.

As we view the case, but one question requires discussion, and therefore only the facts necessary to an understanding of that question need be stated.

The policy requires, as a condition…