Legal Opinion

Bank of Brewton v. The Travelers Companies, Inc.

Court of Appeals for the Eleventh Circuit

Decided February 9, 2015No. 14-12472PublishedCited by 6 opinions

1Per curiam

This case requires us to determine whether, under Aabama law, a financial institution bond’s definition of “counterfeit” — “an, imitation which is intended to deceive and to be taken as an original”— encompasses a duly authorized stock certificate procured under false pretenses. We hold that it does not. -Accordingly, we affirm the District Court.

I

The Bank of Brewton (the “Bank”), is a small, privately héld bank located in Escambia County, Alabama. At all times relevant to this appeal, the Bank was covered by a financial institution bond 1 (the “Bond”) issued by the Travelers Companies, Inc.…

2Cases cited8 opinions

  1. Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
  2. Mark S. Mais v. Gulf Coast Collection Bureau, Inc.Court of Appeals for the Eleventh Circuit · 2014
  3. The Exchange National Bank of Olean v. Insurance Company of North AmericaCourt of Appeals for the Second Circuit · 1965
  4. John Goodwin, Jr., Lois Goodwin, the Mead Corporation v. George Fischer Foundry Systems, Inc.Court of Appeals for the Eleventh Circuit · 1985
  5. The First National Bank of Memphis v. The Aetna Casualty and Surety CompanyCourt of Appeals for the First Circuit · 1962

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3Cited by6 opinions

  1. Embroidme.com, Inc. v. Travelers Property Casualty Company of AmericaCourt of Appeals for the Eleventh Circuit · 2017
  2. Shelithea Hallums v. Infinity Insurance CompanyCourt of Appeals for the Eleventh Circuit · 2019
  3. Embroidme.com, Inc. v. Travelers Property Casualty Company of AmericaCourt of Appeals for the Eleventh Circuit · 2017
  4. John Berene v. Nationstar Mortgage, LLCCourt of Appeals for the Eleventh Circuit · 2020
  5. MJ Modern Trucking, Inc. v. Love's Travel Stops & Country Stores, Inc.District Court, N.D. Georgia · 2025

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