Sutro Bros. & Co. v. Indemnity Insurance Co. of North America
District Court, S.D. New York
1Opinion of the Court
OPINION, FINDINGS OF FACT AND CONCLUSIONS OF LAW.
LEVET, District Judge.
In this action, plaintiff, Sutro Bros. & Co. (hereinafter “Sutro”), a stockbroker-age partnership, seeks recovery from its insurer, defendant Indemnity Insurance Company of North America (hereinafter “Insurance* Company”) for losses said to be $1,261,343.91 allegedly sustained by plaintiff through the larceny of a customer. The contract upon which plaintiff sues is a bond, “Brokers’ Blanket Bond Form No. 14,” which provides that defendant is to indemnify plaintiff and hold plaintiff harmless from and against “Any loss of…
2Cases cited61 opinions
- People v. . MolineuxNew York Court of Appeals · 1901
- In Re the Estate of FindlayNew York Court of Appeals · 1930
- Thompson-Starrett Co. v. Otis Elevator Co.New York Court of Appeals · 1936
- Nau v. Vulcan Rail & Construction Co.New York Court of Appeals · 1941
- Markham v. . JaudonNew York Court of Appeals · 1869
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3Cited by21 opinions
- First State Bank & Trust Co. of Edinburg v. GeorgeCourt of Appeals of Texas · 1974
- Niagara Frontier Transportation Authority v. Tri-Delta Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1985
- United States Department of Health and Human Services v. Robert Porter Smith and Julie Rose SmithCourt of Appeals for the Eighth Circuit · 1986
- Rubin Bros. Footwear, Inc. v. Chemical Bank (In Re Rubin Bros. Footwear, Inc.)District Court, S.D. New York · 1990
- Leucadia, Inc. v. Reliance Insurance Company, Defendant-Third-Party v. Edward H. Helmke, Third-PartyCourt of Appeals for the Second Circuit · 1989
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