Farmers Co-Operative Exchange Co. v. Fidelity & Deposit Co.
Supreme Court of Minnesota
= Action in the district court for Blue Earth county to recover $2,500 upon an indemnity bond. The case was tried before Comstock, J., and a jury which returned a verdict for the amount demanded. From an order denying its motion for judgment notwithstanding the verdict or for a new trial, defendant appealed.
1Opinion of the CourtQuinn, J.
Action to recover upon an indemnity bond issued by defendant to the plaintiff to cover loss by larceny or embezzlement through its agent, Emil O. Rosnow. Plaintiff recovered a verdict and from an ordei denying its motion for judgment ox a new trial, defendant appeals.
Plaintiff is engaged in operating a grain elevator at Good Thunder, in buying, selling and handling grains for present and future delivery. Rosnow was employed as its manager, and as such had charge of its affairs, with authority to issue checks, 'buy, ship and sell grains and to hedge on the market so as to protect purchases,…
2Cases cited5 opinions
- McArthur v. Times Printing Co.Supreme Court of Minnesota · 1892
- Siebert v. LeonardSupreme Court of Minnesota · 1875
- Rich v. City of MinneapolisSupreme Court of Minnesota · 1889
- Steffens v. NelsonSupreme Court of Minnesota · 1905
- Humphrey v. Monida & Yellowstone Stage Co.Supreme Court of Minnesota · 1911
3Cited by5 opinions
- Anderson v. First Nat. Bank of Pine CitySupreme Court of Minnesota · 1975
- Mutual Creamery Insurance Company v. Iowa National Mutual Insurance CompanyCourt of Appeals for the Eighth Circuit · 1970
- Strader v. HaleySupreme Court of Minnesota · 1943
- Fraser v. Farmers Co-Operative Co.Supreme Court of Minnesota · 1926
- Ferraro v. TaylorSupreme Court of Minnesota · 1936