Union Central Life Ins. v. United States Fidelity & Guaranty Co.

This suit was brought by the Union Central Life Insurance Company, a body corporate, against the United States Fidelity & Guaranty Company, also a body corporate. The appellant company, which was the plaintiff in the Court below, sued the appellee company upon a bond executed by the latter and by which the Fidelity Company guaranteed the honesty of an employee of the Life Insurance Company. The bond upon which the suit was brought .is in the usual form of a fidelity bond. The following is among the provisions which it contains : “Provided further, that this bond is issued on the express…