United States Fidelity & Guaranty Co. v. Krow

BAYLESS, V. C. J.

In this case we are called upon to determine whether the party plaintiff in the court below was with right and authority to maintain suit on fidelity bonds given pursuant to the provisions of section 1, chapter 157, Session Laws 1923 (sec. 9123, O. S. 1931). Said section provides ;

“It is by this act made mandatory that all persons who are actively engaged in the state banking business in the state of Oklahoma and all active employees of any such bank shall from and after the passage and approval of this act give fidelity bonds, to the state of Oklahoma, executed by a surety…