Eland State Bank v. Massachusetts Bonding & Insurance
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Shawano county: Edgar Y. Weenee, Circuit Judge. This action was brought to recover on a bond given March 7, 1911, for one year and renewals of said bond issued in 1912, 1913, and 1914 executed by the defendant company as surety for one G. J. Moses, cashier of plaintiff hank.
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Appeal from a judgment of the circuit court for Shawano county: Edgar Y. Weenee, Circuit Judge. This action was brought to recover on a bond given March 7, 1911, for one year and renewals of said bond issued in 1912, 1913, and 1914 executed by the defendant company as surety for one G. J. Moses, cashier of plaintiff hank. The complaint claims that Moses, while cashier of plaintiff hank, converted money belonging to the bank to his own use and was guilty of larceny and embezzlement in so doing; tbat while cashier he permitted one .John II. Walechka, a former cashier of plaintiff bank and…
1Opinion of the CourtKerwin, J.
Before the execution of the bond upon which this action was brought certain questions were propounded by the defendant company to plaintiff and answers required, some of which are: .
“Q. What means will you use to ascertain whether his ac*495counts are correct ? A. Check them.” Q. How frequently will they be examined ? A. At least twice annually by examining committee.” “Q. When were his accounts last examined ? A. At the meeting of the examining committee in January, on the 14th, 1911.” “Q. To whom and how frequently will he account for his handling of funds and securities? A. To examining…
2Cases cited8 opinions
- Standard Manufacturing Co. v. SlotWisconsin Supreme Court · 1904
- Kaiser v. NummerdorWisconsin Supreme Court · 1904
- Krause v. BusackerWisconsin Supreme Court · 1900
- First National Bank of Tigerton v. HackettWisconsin Supreme Court · 1914
- Zunker v. KuehnWisconsin Supreme Court · 1902
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3Cited by2 opinions
- Parker v. National Surety Co.Wisconsin Supreme Court · 1927
- Pickard v. Farmers & Merchants Bank of Richland Center, WisconsinWisconsin Supreme Court · 1920