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FIRST NAT. BANK OF AMARILLO v. CONTINENTAL CAS. CO.

No. 7063.

71 F.2d 838 (1934)

FIRST NAT. BANK OF AMARILLO, TEX., v. CONTINENTAL CASUALTY CO.

Circuit Court of Appeals, Fifth Circuit.

June 30, 1934.

Attorney(s) appearing for the Case

Ben H. Stone, of Amarillo, Tex., for appellant.

Allen Wight, of Dallas, Tex., for appellee.

Before BRYAN, FOSTER, and HUTCHESON, Circuit Judges.

BRYAN, Circuit Judge.

This was an action by the First National Bank of Amarillo, Tex., on two "bankers' blanket bonds" of indemnity against the insurer or underwriter, the Continental Casualty Company, to recover $78,000, the aggregate amount of the bank's funds which had been embezzled by one of its employees. Both bonds were executed on February 7, 1931, and except as affected by riders covered only future losses of the bank resulting from dishonest acts of any...

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