Legal Opinion
Federal Deposit Ins. Corp. v. American Surety Co. of NY
District Court, W.D. Kentucky
Decided June 30, 1941No. 2325PublishedCited by 7 opinions
1Opinion of the Court
MILLER, District Judge.
The Federal Deposit Insurance Corporation as receiver of the Taylor National Bank of Campbellsville, Kentucky, brought this action to recover of the defendant, American Surety Company of New York, the sum of $11,008.06 with 6% interest from July 13, 1938 as the unpaid balance due to it under the defendant’s Bankers Blanket Bond whereby the defendant agreed to indemnify the insured in an amount not exceeding $25,000 against direct loss sustained through any dishonest act of any of its employees. The Taylor National Bank claims to have suffered a loss covered by the bond…
2Cases cited42 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- American Nat. Bank of Nashville v. MillerSupreme Court of the United States · 1913
- Curtis, Collins & Holbrook Co. v. United States, and Twenty-Three Other CasesSupreme Court of the United States · 1923
- Munroe v. HarrimanCourt of Appeals for the Second Circuit · 1936
- Curtis, Collins & Holbrook Co. v. United StatesSupreme Court of the United States · 1923
37 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Commercial Standard Ins. Co. v. American Employers Ins. CoCourt of Appeals for the Sixth Circuit · 1954
- First National City Bank v. United StatesUnited States Court of Claims · 1977
- Federal Deposit Insurance Corporation, as Receiver of Penn Square Bank, N.A. v. The Liberty National Bank & Trust Co., Federal Deposit Insurance Corporation, as Receiver of Penn Square Bank, N.A. v. Utica National Bank and Trust CompanyCourt of Appeals for the Tenth Circuit · 1986
- BancInsure, Inc. v. U.K. Bancorporation Inc.District Court, E.D. Kentucky · 2011
- First National City Bank v. United StatesUnited States Court of Claims · 1976
2 more not listed; retrieve them via the Exa API.