Legal Opinion
The Traders State Bank, Glen Elder, Kansas v. The Continental Insurance Company
Court of Appeals for the Tenth Circuit
Decided September 9, 1971No. 639-70_1PublishedCited by 16 opinions
1Opinion of the Court
MURRAH, Circuit Judge.
The financial machinations of E. C. Riley gave rise to this dispute between Traders State Bank and Continental Insurance Company concerning the latter’s liability on a Bankers Blanket Bond. After trial on stipulated facts the District Court rendered judgment for Traders. We reverse.
The stipulated facts reveal that in late 1966 the bank suffered a loss of over $191,000 due to a check kiting scheme by Riley. At the time this loss was discovered the bank was insured by National Surety Corporation on a Standard Form No. 24 Bond written on a “loss discovered” basis, i. e. the…
2Cases cited11 opinions
- Leo Parsons v. Amerada Hess Corporation v. B & M Service Company, Inc., Third PartyCourt of Appeals for the Third Circuit · 1970
- Brunswick Corporation v. J & P, Inc., an Oklahoma Corporation, Lucille Greer and Jack GreerCourt of Appeals for the Tenth Circuit · 1970
- Nevada Half Moon Mining Co. v. Combined Metals Reduction Co.Court of Appeals for the Tenth Circuit · 1949
- Transamerica Insurance Company, a Corporation v. Gage Plumbing and Heating Co., Inc., a CorporationCourt of Appeals for the Tenth Circuit · 1970
- Mutual of Omaha Insurance Company, a Corporation v. Elmer D. Russell, Elmer D. Russell, Cross-Appellant v. Mutual of Omaha Insurance Company, a Corporation, Cross-AppelleeCourt of Appeals for the Tenth Circuit · 1968
6 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Westchester Fire Ins. Co. v. City of Pittsburg, Kan.District Court, D. Kansas · 1991
- Munden v. StateWyoming Supreme Court · 1985
- United States v. Ralph G. HershbergerCourt of Appeals for the Tenth Circuit · 1973
- State Farm Mut. Auto. Ins. Co. v. Md. Auto. Ins. FundCourt of Appeals of Maryland · 1976
- Guaranty National Insurance v. Bayside Resort, Inc.District Court, Virgin Islands · 1986
11 more not listed; retrieve them via the Exa API.