Legal Opinion

State Bank of Poplar Bluff v. Maryland Casualty Company

Court of Appeals for the Eighth Circuit

Decided May 3, 1961No. 16616_1PublishedCited by 37 opinions

1Opinion of the Court

BLACKMUN, Circuit Judge.

This diversity action is one whereby the plaintiff bank seeks to recover from its insurer the amount of a loss claimed to be compensable under a “Bankers Blanket Bond”.

There is no real dispute as to the facts: O. M. Spencer, a customer of the bank, was in the used car business. The bank financed Spencer's purchases of automobiles through a “floor plan” arrangement. This involved an advance to Spencer against his execution and delivery to the bank of a demand promissory note and a chattel mortgage on each car concerned and, upon sale of the car, the repayment of the…

2Cases cited28 opinions

  1. Bergholm v. Peoria Life Ins. Co.Supreme Court of the United States · 1932
  2. Wendorff v. Missouri State Life InsuranceSupreme Court of Missouri · 1927
  3. Wayne S. Marteney v. United States of America, C. M. Henderson v. United StatesCourt of Appeals for the Tenth Circuit · 1954
  4. Central Surety & Insurance v. New Amsterdam Casualty Co.Supreme Court of Missouri · 1949
  5. Hartford Accident and Indemnity Company v. Larry Shaw, a Minor by H. L. Shaw, Next Friend, Hartford Accident and Indemnity Company v. J. H. Carson and C. M. MillerCourt of Appeals for the Eighth Circuit · 1959

23 more not listed; retrieve them via the Exa API.

3Cited by37 opinions

  1. Nobles v. MarcusTexas Supreme Court · 1976
  2. United States v. Donald Anderson and Jack SmithCourt of Appeals for the Ninth Circuit · 1976
  3. Calcasieu-Marine National Bank of Lake Charles v. American Employers' Insurance Co., Louisiana Bank & Trust Co., Cross v. The Employers Liability Assurance Corp., CrossCourt of Appeals for the Fifth Circuit · 1976
  4. United States v. Frank J. MiceliCourt of Appeals for the First Circuit · 1971
  5. American Insurance Company v. First National Bank in St. LouisCourt of Appeals for the First Circuit · 1969

32 more not listed; retrieve them via the Exa API.

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