First National Bank of Lancaster v. Glens Falls Insurance Co.
Court of Appeals of Texas
1Opinion of the Court
WILSON, Justice.
Appellant appeals from an adverse summary judgment in an action on a banker’s blanket bond issued by appellee. The coverage declared on is against “any loss of property through * * * false pretenses * * * whether effected with or without negligence on the part of any of the employees.” Indemnity against loss by forgery, originally provided by the bond, was deleted by endorsement. The bond expressly excludes “any loss effected directly or indirectly by means of forgery.” Appellant says the exclusion is not applicable. ■
The bank relies on affidavits of its teller and officer…
2Cases cited8 opinions
- World Exchange Bank v. Commercial Casualty InsuranceNew York Court of Appeals · 1930
- International Union Bank v. National Surety Co.New York Court of Appeals · 1927
- Dexter Horton National Bank v. United States Fidelity & Guaranty Co.Washington Supreme Court · 1928
- Rockland-Atlas National Bank v. Massachusetts Bonding & InsuranceMassachusetts Supreme Judicial Court · 1959
- Massachusetts Bonding & Ins. Co. v. Texas Finance Corp.Court of Appeals of Texas · 1924
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3Cited by2 opinions
- Pioneer Valley Savings Bank v. Indemnity Insurance of North AmericaDistrict Court, N.D. Iowa · 1964
- Home Federal Savings & Loan Ass'n v. Peerless InsuranceDistrict Court, N.D. Iowa · 1961