Ocean Accident & Guarantee Corp. v. Old Nat. Bank

MOORMAN, Circuit Judge.

The Old National Bank of Grand Rapids, Mich., defendant in error, brought this suit against the Ocean Accident & Guarantee Corporation, of London, England, plaintiff in error, to recover under an indemnity bond issued December 31, 1920,, and renewed December 31, 1921, with. amendment in form of rider, the value of 64 bills of lading which the bank had received, with attached drafts for collection, and which it had lost through the acts of W. L. Wellman Company. The case was tried before the court, and judgment rendered for the hank in the sum of $72,596.86, with…