Fletcher Savings & Trust Co. v. National Surety Co.

The appellants brought this suit against the appellee to recover upon a surety bond issued by the appellee by the terms of which the surety agreed to indemnify the German Investment & Security Company against loss “not exceeding twenty thousand ($20,-000.00) dollars, of any money or other personal property (including money or other personal property for which the Employer is responsible) through the fraud, dishonesty, forgery, theft, embezzlement, or wrongful abstraction of George Seidensticker, hereinafter called the Employee, directly or in connivance with others, while the Employee is…