United Pacific Insurance v. Idaho First National Bank

MATHES, District Judge:

This appeal and cross-appeal are from separate portions of a judgment of the District Court following trial without a jury of a diversity action brought by appellee bank to recover on two claims under appellant’s “Bankers Blanket Bond, Standard Form No. 24”.

The bank’s complaint on the bond contains three counts: In count I claim is asserted for recovery of the bank’s admitted $10,484.46 loss arising from alleged “false pretenses” made to the bank in connection with transactions involving drafts of Gem Creamery Company, plus costs, and attorneys’ fees pursuant to Idaho…