IRVIN JACOBS & CO. v. FIDELITY & DEPOSIT CO. OF MARYLAND

No. 10669.

202 F.2d 794 (1953)

IRVIN JACOBS & CO. v. FIDELITY & DEPOSIT CO. OF MARYLAND.

United States Court of Appeals Seventh Circuit.

Rehearing Denied April 15, 1953.


Attorney(s) appearing for the Case

Charles Aaron, Lewis Schimberg and Edward S. Stern, Chicago, Ill., (Aaron, Aaron, Schimberg & Hess and Johnston, Thompson, Raymond & Mayer, Chicago, Ill., of counsel), for appellant.

John P. Hampton and Roger D. Doten, Chicago, Ill., for appellee.

Before DUFFY, FINNEGAN and LINDLEY, Circuit Judges.


DUFFY, Circuit Judge.

Plaintiff brought this action on a fidelity bond issued by defendant, to recover losses allegedly sustained by it through fraudulent and dishonest acts of one of its employees. The case was tried to a jury which rendered a verdict for the defendant, upon which the district court entered the judgment from which this appeal is taken.

Plaintiff is engaged in the business of making first mortgage loans on real estate, including construction...

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