Legal Opinion

Connecticut Fire Ins. Co. v. Commercial Nat. Bank

Court of Appeals for the Fifth Circuit

Decided February 10, 1937No. 8047PublishedCited by 16 opinions

1Opinion of the Court

SIBLEY, Circuit Judge.

The plaintiff-appellant, Connecticut Fire Insurance Company, sued Commercial National Bank of San Antonio for three $5,000 Liberty bonds which had been stolen from the mails in Chicago and which by subrogation and assignment had become the property of the insurer who is suing. They were, of course, negotiable and unmatured, and value was paid by the Bank. Its defense of bona fide holder for value without notice was sustained by direction of the verdict. The questions were and are whether the Bank’s title is affected by the bad faith of its president who bought the bonds…

2Cases cited19 opinions

  1. Gunning v. CooleySupreme Court of the United States · 1930
  2. Pennsylvania Railroad v. ChamberlainSupreme Court of the United States · 1933
  3. American Surety Company v. PaulySupreme Court of the United States · 1898
  4. Murray v. LardnerSupreme Court of the United States · 1865
  5. Sonnentheil v. Christian Moerlein Brewing Co.Supreme Court of the United States · 1899

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3Cited by16 opinions

  1. Reynolds v. SnowAppellate Division of the Supreme Court of the State of New York · 1960
  2. Anderson v. General American Life Ins.Court of Appeals for the Sixth Circuit · 1944
  3. Beaudry v. United StatesCourt of Appeals for the Fifth Circuit · 1939
  4. Atlanta & St. A. B. Ry. Co. v. BarnesCourt of Appeals for the Fifth Circuit · 1938
  5. First Nat. Bank of Cicero v. United StatesDistrict Court, N.D. Illinois · 1987

11 more not listed; retrieve them via the Exa API.

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