Kramer Equity Elevator v. Indemnity Insurance Co. of North America

Defendant appeals from a judgment.

This action was brought against defendant by plaintiff on behalf of itself and all other shippers who had consigned grain to Woodward-Newhouse Company for sale for their respective accounts, during the period covered by the bond hereinafter mentioned, and who had not been paid the proceeds of such sales.

Defendant is a corporation organized under the laws of Pennsylvania, duly licensed to do and doing business in the state of Minnesota as an indemnity insurance company; Woodward-Newhouse Company, hereinafter referred to as the company, was a Minnesota…