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EARLY v. CITY OF HELENA, ARK.

No. 10644.

87 F.2d 831 (1937)

EARLY v. CITY OF HELENA, ARK., et al.

Circuit Court of Appeals, Eighth Circuit.

February 1, 1937.

Attorney(s) appearing for the Case

George K. Cracraft, of Helena, Ark. (Brewer & Cracraft and Ozero C. Brewer, all of Helena, Ark., on the brief), for appellant.

C. L. Polk, Jr., of Helena, Ark., for appellee City of Helena, Ark.

Thomas S. Buzbee, of Little Rock, Ark. (H. T. Harrison, A. S. Buzbee, and Edward L. Wright, all of Little Rock, Ark., on the brief), for appellee Fidelity & Casualty Co. of New York.

Before STONE, SANBORN, and VAN VALKENBURGH, Circuit Judges.

SANBORN, Circuit Judge.

On November 15, 1930, the Interstate National Bank, of Helena, Ark., pledged with the First National Bank of St. Louis, Mo., bonds of the face value of $25,000 to secure the deposits of the City of Helena in the Interstate National Bank. As further security for such deposits, the Interstate Bank, as principal, and the Fidelity & Casualty Company of New York, as surety, delivered to the city a depository bond for $10,000. On December 31...

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