Ocean Accident & Guarantee Corp. v. Milford Bank

.'Opinion of the Court by

Commissioner Stanley—

Affirming.

This suit was filed by the Milford Bank, an insolvent institution, and the banking commissioner, against J. TI. Hieatt, former cashier, and the appellant, Ocean Accident & Guarantee Corporation, to recover $10,000 on a bond indemnifying the bank against loss by reason of Hieatt’s dishonesty. Judgment went for the plaintiffs, and the defendant insurance company appeals.

1. It is contended that the Bracken circuit court was without jurisdiction in the case. By the pleading and proof it was shown that the home office of the company was in…