Legal Opinion

National Bank v. Equitable Trust Co.

Supreme Court of Pennsylvania

Decided January 4, 1909No. Appeal, No. 234PublishedCited by 3 opinions

Appeal, No. 234, Oct. T., 1908, by-plaintiff, from judgment of C. P. No. 2, Allegheny Co., April T., 1905, No. 1,072, on verdict for defendant in case of The National Bank of Tarentum v. The Equitable Trust Company of Pitts-burg. Assumpsit on bond of suretyship. Before Shafer, J. The facts are stated in the opinion of the Supreme Court. Verdict and judgment for defendant. Plaintiff appealed.

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Appeal, No. 234, Oct. T., 1908, by-plaintiff, from judgment of C. P. No. 2, Allegheny Co., April T., 1905, No. 1,072, on verdict for defendant in case of The National Bank of Tarentum v. The Equitable Trust Company of Pitts-burg. Assumpsit on bond of suretyship. Before Shafer, J. The facts are stated in the opinion of the Supreme Court. Verdict and judgment for defendant. Plaintiff appealed. Errors assigned were various rulings on evidence, quoting the bill of exceptions, and various instructions, quoting them. .

1Opinion of the Court

Opinion by

Me. Justice Pottee,

At the instance and under the direction of his employer, the National Bank of Tarentum, and at the cost of the bank, one James H. Ekas obtained from the defendant .company a fidelity bond for the sum of $10,000 conditioned to make good to the bank all pecuniary loss sustained by it through any fraud or dishonesty on the part of the said Ekas in connection with his duties as bookkeeper, during the continuance of the bond. It covered a period of twelve months ending April 10,1899. Its provisions were extended from year to year upon the payment of an additional…

2Cited by3 opinions

  1. Brown v. Mount Holly Nat. BankSupreme Court of Pennsylvania · 1926
  2. Dodge v. WilliamsSuperior Court of Pennsylvania · 1911
  3. Mutual Loan & Savings Ass'n v. National Surety Co.Supreme Court of Pennsylvania · 1917

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