Legal Opinion
Fargo Nat. Bank v. Agricultural Ins. Co
Court of Appeals for the Eighth Circuit
Decided November 1, 1950No. 14158PublishedCited by 4 opinions
1Opinion of the Court
DEWEY, District Judge.
This is an action by the above nariled bank against The Agricultural Insurance Company to recover a loss to the bank of $21,-055:02, on the ground that the state agent of the insurance company, Mr. Robert Ellis, perpetrated a fraud on the bank through the sale to the bank of forged premium finance contracts which it is claimed was -within the scope of his actual or ostensible authority.
At the -close of the evidence, the Court directed the jury to return -a verdict for the defendant, as in the opinion of the Court the plaintiff had failed to introduce evidence from which…
2Cases cited13 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Gleason v. Seaboard Air Line Railway Co.Supreme Court of the United States · 1929
- Ricketts v. Pennsylvania R. Co.Court of Appeals for the Second Circuit · 1946
- Russell v. TurnerCourt of Appeals for the Eighth Circuit · 1945
- Bekken v. Equitable Life Assurance Society of the United StatesNorth Dakota Supreme Court · 1940
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3Cited by4 opinions
- New England Acceptance Corp. v. American Manufacturers Mutual InsuranceMassachusetts Appeals Court · 1976
- Fargo National Bank, a Corporation v. Massey-Ferguson, Inc.Court of Appeals for the Eighth Circuit · 1968
- Hagel v. Buckingham Wood Products, Inc.North Dakota Supreme Court · 1977
- National Farmers Union Property & Casualty Co. v. MichaelsonNorth Dakota Supreme Court · 1961