American Surety Co. of New York v. West State Bank

The West State Bank, appellee herein, sued the American Surety Company of New York, appellant herein, for ⅜1,541.59 upon a fidelity bond executed by said company as surety for one August J. Peters, an employee of said bank. Appellee alleged that said Peters embezzled, wrongfully abstracted, and willfully misapplied to his own use and benefit the sum sued for. Appellant defended by a general denial and an allegation that said Peters was addicted to gambling; that he had, prior to the issuance of said bond, without authority, signed the names of depositors to cheeks on said bank, and had…