Sardo v. Fidelity and Deposit Co.

The facts in this case are as follows: Thomas Sardo, the complainant, went to his broker, Mr. Lederer, and told him he wanted to insure his money and jewelry. Lederer then took him to Mr. Newman, a soliciting agent of the Fidelity and Deposit Company of Maryland, the defendant. They told Newman that they wanted a policy of insurance on the money and jewelry of the complainant. Newman said he would communicate with his company in Newark and find out what could be done, because he had no authority himself to write a policy. Newman then sent a written application to the office of the insurance…