Legal Opinion
Security National Bank of Durand v. Fidelity and Casualty Company of New York
Court of Appeals for the Seventh Circuit
Decided July 8, 1957No. 11948PublishedCited by 16 opinions
1Opinion of the Court
SWAIM, Circuit Judge.
The plaintiff bank brought this action against the defendant insurance company seeking to recover pursuant to the provisions of a bankers blanket indemnity bond for a loss sustained by reason of a fraud committed on the bank by one of its customers.
The cause was submitted to the District Court on an agreed statement of facts and the plaintiff prevailed. 145 F.Supp. 667. The facts, as stipulated by the parties, are as follows:
“The plaintiff is a national-banking corporation, with its banking house in the City of Durand, Pepin County, Wisconsin.
“The defendant is a New York…
2Cases cited4 opinions
- Quick Service Box Co. v. St. Paul Mercury Indemnity Co.Court of Appeals for the Seventh Circuit · 1938
- Fitzgibbons Boiler Co. v. Employers' Liability Assur. Corp.Court of Appeals for the Second Circuit · 1939
- Pasadena Investment Co. v. Peerless Casualty Co.California Court of Appeal · 1955
- Security National Bank v. Fidelity & Casualty Co.District Court, W.D. Wisconsin · 1956
3Cited by16 opinions
- State Bank of Poplar Bluff v. Maryland Casualty CompanyCourt of Appeals for the Eighth Circuit · 1961
- The Exchange National Bank of Olean v. Insurance Company of North AmericaCourt of Appeals for the Second Circuit · 1965
- American Insurance Company v. First National Bank in St. LouisCourt of Appeals for the First Circuit · 1969
- The First National Bank of South Carolina of Columbia v. Glens Falls Insurance CompanyCourt of Appeals for the First Circuit · 1962
- Capitol Bank of Chicago v. The Fidelity and Casualty Company of New YorkCourt of Appeals for the Seventh Circuit · 1969
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