Wachovia Bank & Trust Co. v. Independence Indemnity Co.
Court of Appeals for the Fourth Circuit
1Opinion of the Court
WADDILL, Circuit Judge.
This is an appeal from a judgment of the District Court of the United States for the Middle District of North Carolina, at Winston-Salem, rendered in an action by the. receiver • of a defunct bank, appellant here, to recover on a bond insuring the fidelity of its president, which action was dismissed upon a directed verdict. The facts are as follows:
On April 26, 1926, the Merchants’ Bank & Trust Company was closed by the banking department of the Corporation Commission of North Carolina, and on June 16, 1926, the Wachovia Bank & Trust Company was named as permanent…
2Cases cited7 opinions
- American Surety Company v. PaulySupreme Court of the United States · 1898
- Imperial Fire Insurance v. Coos CountySupreme Court of the United States · 1894
- Thompson v. Phenix InsuranceSupreme Court of the United States · 1890
- Guarantee Co. of North America v. Mechanics' Savings Bank & Trust Co.Supreme Court of the United States · 1902
- National Surety Co. v. LongCourt of Appeals for the Eighth Circuit · 1903
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