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Legal Opinion

Western Surety Co. v. Farmers & Merchants State Bank

Supreme Court of Minnesota

Decided March 5, 1954No. 36,182PublishedCited by 8 opinions

1Opinion of the Court

Thomas Gallagher, Justice.

Western Surety Company, a corporation, hereinafter referred to as the surety company, obligor on a bond furnished to August Johnson, as treasurer of Consolidated School District No. 14, Wilkin county, brings this action against Farmers & Merchants State Bank of Breckenridge, hereinafter referred to as the bank, to recover the sum of $2,250 paid by the surety company under its bond to Consolidated School District No. 14 to reimburse the latter for funds in that amount embezzled from it by Johnson during his term in office.

The surety company’s action is based on the…

2Cases cited1 opinion

  1. Rodgers v. Bankers National BankSupreme Court of Minnesota · 1930

3Cited by8 opinions

  1. Maryland Casualty Company v. Bank of CharlotteCourt of Appeals for the Fourth Circuit · 1965
  2. New Jersey Title Insurance v. CaputoSupreme Court of New Jersey · 2000
  3. The American National Bank of Saint Paul v. National Indemnity Company of OmahaCourt of Appeals for the Eighth Circuit · 1955
  4. Springfield Township v. Mellon PSFS BankSupreme Court of Pennsylvania · 2005
  5. Rheinberger v. First National Bank of Saint PaulSupreme Court of Minnesota · 1967

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