Legal Opinion

Idaho ex rel. Leonard v. American Surety Co.

District Court, N.D. West Virginia

Decided October 2, 1914PublishedCited by 4 opinions

At Law. Action by the State of Idaho, for the use and benefit of William Leonard and others, against the American Surety Company of New York. On motion to remand to the state court.

1Opinion of the Court

DIETRICH, District Judge.

William Leonard and 15 others, named in the complaint, were depositors in the Idaho State Bank at Hailey, which on August 31, 1910, closed its doors and permanently suspended payment on account of insolvency. At that date and for some time prior thereto one William G. Cruse was state bank commissioner, whose duty it was to inspect the affairs of this and other state banks. Upon his appointment in March, 1909, he had executed a bond to the state of Idaho in tlie penal sum of $50,000, conditioned upon the faithful discharge of his duties, with the defendant as surety…

2Cases cited5 opinions

  1. In Re MooreSupreme Court of the United States · 1908
  2. Ex Parte WisnerSupreme Court of the United States · 1906
  3. New Orleans v. Gaines's AdministratorSupreme Court of the United States · 1891
  4. Fidelity Insurance v. HuntingtonSupreme Court of the United States · 1886
  5. Gates Iron Works v. James E. Pepper & Co.U.S. Circuit Court for the District of Kentucky · 1899

3Cited by4 opinions

  1. Tillman v. Russo Asiatic BankCourt of Appeals for the Second Circuit · 1931
  2. Young v. Southern Pac. Co.Court of Appeals for the Second Circuit · 1926
  3. Hammer v. British Type Investors, Inc.District Court, S.D. New York · 1933
  4. Cashmere Valley Bank v. Pacific Fruit & Produce Co.District Court, E.D. Washington · 1940

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