First Hays Banshares, Inc. v. Kansas Bankers Surety Co.

The opinion of the court was delivered by

Allegrucci, J.:

This case arises from banker s blanket bonds issued by the defendant, Kansas Bankers Surety Company. The plaintiff, First Hays Banshares, Inc., (Banshares) brought the present action against the defendant, contending that it improperly denied coverage under the bonds for various misdeeds perpetrated by one of the directors of a bank owned by the plaintiff. The defendant, Kansas Bankers Surety (KBS) appeals various rulings by the trial court.

The facts underlying the present case may be briefly summarized. The banker’s blanket bonds in…