United States Fidelity & Guaranty Co. v. Peoples Bank & Trust Co. of Westfield

DAVIS, Circuit Judge.

This case requires the construction of a hankers’ blanket bond, so-called, which indemnified the Peoples Bank & Trust Company, the plaintiff, against loss resulting from larceny and other causes. The case was tried to the District Court and a jury. After the plaintiff had put in its evidence, the defendants, the United States Fidelity & Guaranty Company and the National Surety Company and its receiver, made a motion to nonsuit the plaintiff. The motion was denied. The defendants then made a motion for a directed verdict against the plaintiff. This motion was likewise…