LEONARD v. ÆTNA CASUALTY & SURETY CO.

No. 3897.

80 F.2d 205 (1935)

LEONARD v. ÆTNA CASUALTY & SURETY CO.

Circuit Court of Appeals, Fourth Circuit.

November 12, 1935.


Attorney(s) appearing for the Case

Charles W. McTeer and J. E. McDonald, both of Chester, S. C. (Angus H. Macaulay, of Chester, S. C., on the brief), for appellant.

Paul Hemphill and John M. Hemphill, both of Chester, S. C., for appellee.

Before PARKER, NORTHCOTT, and SOPER, Circuit Judges.


SOPER, Circuit Judge.

The sole question involved in this case is the proper construction to be placed upon the terms of a fidelity bond. The facts are not in dispute. On October 23, 1925, Ætna Casualty & Surety Company executed and delivered a bond whereby Raymond N. Speigner, as principal, and the surety company as surety, acknowledged themselves held and firmly bound unto the National Exchange Bank of Chester, S. C. The bond recited that Speigner had been...

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