Fidelity & Deposit Co. of Maryland v. Duke

ROUROUIN, District Judge.

In a trial to the court, judgment for 525,000 was rendered against plaintiff in error, defendant below, a surety company authorized to do business in Washington, upon its bonds in that amount to reimburse the' bank, a Washington corporation, for pecuniary loss due to dishonesty of the latter’s cashier.

Defendant’s contention that the record is without evidence of any such loss is hardly disputed by plaintiff and is vindicated by inspection. There is evidence tending to show that certain notes found in the bank are valueless, were executed for the cashier’s benefit, and…