Legal Opinion
Snyder National Bank v. Westchester Fire Insurance
District Court, N.D. Texas
Decided December 27, 1968No. Civ. A. No. CA 3-1667PublishedCited by 2 opinions
1Opinion of the Court
OPINION
WILLIAM M. TAYLOR, Jr., District Judge.
Plaintiff Bank seeks recovery on a Banker’s Blanket Bond issued by Defendant Insurance Company to plaintiff. The question is whether or not plaintiff’s loss incurred as a result of extending credit upon the basis of a forged telegram is covered by the bond. The facts have been stipulated and both parties have filed motions for summary judgment.
From the stipulated facts it appears that on August 19, 1965, Mrs. Virginia L. Garrison, acting in behalf of herself and her husband, made application to plaintiff for a 90-day loan of $20,-000.00 to be used…
2Cases cited8 opinions
- Fidelity Trust Company v. American Surety Company of New York and Hartford Accident and Indemnity CompanyCourt of Appeals for the Third Circuit · 1959
- Rockland-Atlas National Bank v. Massachusetts Bonding & InsuranceMassachusetts Supreme Judicial Court · 1959
- First American State Bank v. Aetna Casualty & Surety Co.Wisconsin Supreme Court · 1964
- Woldert v. ArledgeCourt of Appeals of Texas · 1893
- Panhandle Refining Co. v. BennettCourt of Appeals of Texas · 1929
3 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- First National Bank of Fort Walton Beach v. United States Fidelity and Guaranty CompanyCourt of Appeals for the First Circuit · 1969
- Snyder National Bank v. Westchester Fire Insurance CompanyCourt of Appeals for the Fifth Circuit · 1970