Employers Liability Assurance Corp. v. Stanley Deposit Bank

Opinion op the Court by

Judge Nunn

Affirming.

The judgment appealed from was rendered against appellant upon an indemnity bond which it had executed to appellee indemnifying it against loss occasioned by the infidelity of its cashier, Estill W. Neel. The maximum liability of appellant, as fixed in the bond, was $10,-*736000 and judgment was rendered for $9,498. The bond in this case is similar to the bonds in the cases of Fidelity & Guaranty Co. v. Western Bank, 29 Ky. L. R., 639, and U. S. Fidelity & Guaranty Co. v. Citizens National Bank, 147 Ky., 285. To obtain the bond sued on in this case,…