Lamberton Building & Loan Ass'n v. National Surety Co.

This action on a bond for the fidelity of one Miesen as treasurer of plaintiff corporation was tried without a jury and decided below for defendant. Plaintiff appeals from the order denying its' alternative motion for amended findings or a new trial. '

The bond was in the sum of $5,000 and bound Miesen as principal and defendant as surety to reimburse plaintiff “for any direct loss sustained * * * through the failure of the principal to perform faithfully and honestly the duties of any office or position occupied and account for all funds and property coming into the hands of the principal.”…