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MARYLAND CASUALTY CO. v. FOUTZ

27 F.2d 423 (1928)

MARYLAND CASUALTY CO. v. FOUTZ.

District Court, M. D. North Carolina.

June 20, 1928.

Attorney(s) appearing for the Case

Manning & Manning, of Raleigh, N. C., and Craige & Craige, of Salisbury, N. C., for plaintiff.

Rendleman & Rendleman and Hayden Clement, all of Salisbury, N. C., for defendant.

HAYES, District Judge.

On January 26, 1923, the plaintiff, Maryland Casualty Company, executed a bank depository bond, whereby it obligated itself to pay to Benjamin R. Lacy, treasurer of the state of North Carolina, the sum of $50,000, the condition of the bond being as follows:

"If the above-bound People's National Bank, Salisbury, N. C., shall well and faithfully pay over and upon demand of said Benjamin R. Lacy * * * all moneys belonging to the said Benjamin...

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