Legal Opinion
National Surety Co. v. Earl Park State Bank
Court of Appeals for the Seventh Circuit
Decided March 25, 1933No. 4859PublishedCited by 3 opinions
1Opinion of the Court
EVANS, Circuit Judge.
The burglary insurance policy upon which this action was predicated covered loss by burglary “of money and securities feloniously abstracted during the day or night.” The bank was burglarized in the early morning of May 9, 1929, and cash belonging to it and bonds belonging to customers were carried away by the burglars.
Appellant was promptly notified. It made an investigation and promptly paid appellee’s cash loss. It did not, however, pay the loss suffered by the customers through the theft of their bonds nor the $150 damages to the building. It was conceded on the trial…
2Cases cited2 opinions
- Fairmount Glass Works v. Cub Fork Coal Co.Supreme Court of the United States · 1933
- Liverpool & London & Globe Insurance v. KearneySupreme Court of the United States · 1901
3Cited by3 opinions
- Trishan Air, Inc. v. Federal InsuranceCourt of Appeals for the Ninth Circuit · 2011
- National Union Fire Ins. Co. of Pittsburgh v. California Cotton Credit Corp.Court of Appeals for the Ninth Circuit · 1935
- Calloyan v. American Casualty Co. of ReadingDistrict of Columbia Court of Appeals · 1947