Cedar Rapids National Bank v. American Surety Co. of New York

The plaintiff carried a policy of insurance issued by the defendant, whereby the plaintiff was insured against losses from various causes. The only provision of the policy necessary to be set forth for the purpose of this case is the following :

“(B) Through robbery, burglary, theft, holdup, destruction, or misplacement, while the property is within any of the *879insured’s offices covered hereunder, whether effected with or without violence, or with or without negligence on the part of any of the employees.”

Also:

“(E) This bond does not cover any loss caused from an overpayment by a teller to a…