Bryan v. Fidelity & Casualty Co.

This is an action on an indemnity bond issued by the Fidelity & Casualty Company of New York, a corporation, hereinafter called the Bond Company, to J. P. Todd, Inc., employer, indemnifying it against loss, not exceeding five thousand dollars, of money or property through the embezzlement, larceny, wrongful abstractions or other acts of fraud or dishonesty of Frank W. Wade, employee. The suit was brought by Stuart Bryan on an assigned claim of the employer in the amount of the bond, on account of alleged misappropriations in excess of that amount of the employer’s money by Wade while the bond…