Muncie Banking Co. v. American Surety Co. Of New York

SWAIM, Circuit Judge.'

The plaintiff, Muncie Banking Company, brought this action on a banker’s blanket bond issued- to it by the defendant/ American Surety Company of New York, claim-1 ing that by cashing two- checks on September 7, 1948, and September 13, 1948, respectively, the plaintiff had sustained a loss in the amount of $19,650.00 on account of' “false pretenses” within the meaning of the bond.' The complaint also alleged that: “Plaintiff has doné and performed all the conditions and requirfenients of said contract on' its part to be performed.” A Copy .'of the bond was filed as' an…