Mid-Continent Stores, Inc. v. Central Surety & Insurance Corp.

BROADDUS, Presiding Judge.

This is an action upon a fidelity bond. The trial court entered its order sustaining defendant’s motion for summary judgment and plaintiff appealed.

Plaintiff is the owner and operator of merchantile stores. On October IS, 1956, defendant delivered to plaintiff its “Blanket Position Bond.” Said bond was in full force and effect at all times relevant to the matter here in controversy. The bond insured plaintiff against loss due to any fraudulent or dishonest acts of its employees. Plaintiff’s petition alleged that by reason of the fraudulent acts of one of its store…