Raval, Inc. v. Maryland Casualty Co.

The bond issued by Maryland Casualty Co. in favor of Raval, Inc., appellant herein, reads: “. . . agrees to indemnify RAVAL, INC. of BAYAMON, PUERTO RICO, hereinafter called Insured, against any loss of money or other property, real or personal (including that part of any inventory shortage which the Insured shall conclusively prove has been caused by the fraud or dishonesty of any Employee or Employees) belonging to the . Insured, or in which the Insured has a pecuniary interest, or for which the Insured, is legally liable, or held by the Insured in any capacity whether the Insured is…