Legal Opinion

Bankers Trust Co. v. American Surety Co.

Washington Supreme Court

Decided August 10, 1920No. 15903PublishedCited by 3 opinions

Appeal from a judgment of the superior court for Pierce county, Card, J., entered September 12, 1919, upon granting a nonsuit, dismissing an action on an indemnity bond, tried to tbe court and a jury.

1Opinion of the CourtMackintosh, J.

The appellant was engaged in the banking business in Tacoma. In November, 1913, the respondent issued to it a policy covering one of its employees. This policy provided for the payment to the bank of any money which it might lose by any act of fraud or dishonesty or theft or embezzlement of the employee. The policy continued in full force until it was cancelled by agreement of both parties on February 23,1916. The policy provided that the respondent should not be liable thereon unless “the loss be disclosed during the continuation of the suretyship . . . or within fifteen months after the…

2Cases cited24 opinions

  1. Titus v. . Glens Falls Insurance CompanyNew York Court of Appeals · 1880
  2. Brink v. . Hanover Fire Ins. Co.New York Court of Appeals · 1880
  3. Berry v. American Central Insurance Co. of St. LouisNew York Court of Appeals · 1892
  4. Goodwin v. Massachusetts Mutual Life InsuranceNew York Court of Appeals · 1878
  5. Armstrong v. Agricultural InsuranceNew York Court of Appeals · 1892

19 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Reynolds v. Travelers Insurance Co.Washington Supreme Court · 1934
  2. Henslin v. United States Fire InsuranceWashington Supreme Court · 1929
  3. Massachusetts Mut. Life Ins. v. MayoCourt of Appeals for the Ninth Circuit · 1936

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