Little Rock Packing Company v. Massachusetts Bonding & Insurance Company

VAN OOSTERHOUT, Circuit Judge.

Plaintiff, Little Rock Packing Company, appeals from a judgment it obtained against defendant, Massachusetts Bonding & Insurance Company. Plaintiff’s cause of action was based upon a “blanket position bond” issued by defendant to indemnify plaintiff against fraud or dishonest acts of its employees. Plaintiff’s complaint asserted that one or more of its employees had wrongfully taken 16,749 pounds of spareribs from its plant, for which plaintiff asked judgment for $8,595.58 plus interest from the date of proof of loss, statutory penalty, and attorney’s fee. Upon…