Fidelity & Deposit Co. v. Colorado Ice & Storage Co.

This is an action on a bond of indemnity 'and continuation certificates, issued by the appellant bonding company, a corporation, to the appellee, a corporation, to save the latter harmless and indem-s nify it against loss occasioned by the larceny or embezzlement of Marion H. Compton, who was in the employment of the appellee, and stated in the bond “as1 collector and ticket distributor.” The indemnity was applied for by Marion H. Compton, the employee.

It appears he first secured a bond upon July 1, 1894, for the term of one year for the same position, although its terms were different, as to…