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UNITED STATES FIDELITY & GUARANTY CO. v. STATE OF OKLAHOMA

No. 215.

43 F.2d 532 (1930)

UNITED STATES FIDELITY & GUARANTY CO. v. STATE OF OKLAHOMA ex rel. SHULL, State Bank Com'r.

Circuit Court of Appeals, Tenth Circuit.

August 11, 1930.

Attorney(s) appearing for the Case

Bower Broaddus, of Muskogee, Okl., for appellant.

M. B. Cope, of El Reno, Okl., for appellee.

Before COTTERAL, PHILLIPS, and McDERMOTT, Circuit Judges.

PHILLIPS, Circuit Judge.

This is an action to recover on a fidelity bond executed February 16, 1925, by Harvey D. Price, vice president and cashier of the First State Bank of Keota, Oklahoma, as principal, and the United States Fidelity & Guaranty Company, as surety.

The bond was approved by the board of directors of the bank on February 16, 1925, and by the bank commissioner of Oklahoma on February 28, 1925.

The bank was adjudged insolvent and...

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