Legal Opinion
Fidelity and Casualty Company v. Bank of Commerce
Supreme Court of Alabama
Decided April 30, 1970No. 4 Div. 284PublishedCited by 7 opinions
1Opinion of the Court
LAWSON, Justice.
This suit was brought by Bank of Commerce, Clayton, Alabama, against the Fidelity and.Casualty Company of New York to recover a loss which the Bank suffered as a result of a financial transaction which it had on January 17, 1964, with an authorized representative of Robert M. Davis, who did business as Eileen Sportswear Company.
Liability is based on a “Bankers Blanket Bond, Standard Form No. 24,” in the amount of $180,000 issued by the Fidelity and Casualty Company to the Bank, which bond was in effect on January 17, 1964.
The jury returned a verdict which reads: “We: the jury…
2Cases cited12 opinions
- Harris v. State Ex Rel. WilsonSupreme Court of Alabama · 1926
- Key v. DozierSupreme Court of Alabama · 1949
- The First National Bank of South Carolina of Columbia v. Glens Falls Insurance CompanyCourt of Appeals for the First Circuit · 1962
- The First National Bank of Memphis v. The Aetna Casualty and Surety CompanyCourt of Appeals for the First Circuit · 1962
- Inter-Ocean Insurance Company v. BanksSupreme Court of Alabama · 1958
7 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Merchants Bank v. CottonSupreme Court of Alabama · 1972
- Talkington v. BarnhartWest Virginia Supreme Court · 1980
- Farmers Bank & Trust Company of Winchester, Tennessee v. Transamerica Insurance CompanyCourt of Appeals for the Sixth Circuit · 1982
- Bank of Brewton v. The Travelers Companies, Inc.Court of Appeals for the Eleventh Circuit · 2015
- Prince v. KennemerSupreme Court of Alabama · 1974
2 more not listed; retrieve them via the Exa API.