American Bank of Commerce v. United States Fidelity & Guaranty Co.

OPINION

McMANUS, Chief Justice.

This is a civil action brought in the District Court of Bernalillo County, New Mexico, to recover on a Bankers’ Blanket Bond, issued by the defendant to plaintiff, for losses ■ allegedly sustained by plaintiff as a result of various transactions with Go-Unlimited, Inc., a customer of the bank. After trial on the merits by the court, judgment was entered in favor of the defendant and against the plaintiff whose complaint was dismissed with prejudice. Plaintiff appeals.

The appeal involves eleven separate counts alleged by plaintiff. All counts allege losses by the…