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UNITED STATES FIDELITY & GUAR. CO. v. CRAIG COUNTY BANK

Nos. 5068, 5069.

227 F.2d 799 (1955)

UNITED STATES FIDELITY & GUARANTY COMPANY, a corporation of Maryland, Appellant, v. CRAIG COUNTY BANK OF VINITA, OKLAHOMA, a corporation; Charles S. Hampton; J. C. Lovett; James George; O. Stanislaus; and H. L. (Henry) Collins, Appellees. CRAIG COUNTY BANK OF VINITA, OKLAHOMA, a corporation, Cross-Appellant, v. UNITED STATES FIDELITY & GUARANTY COMPANY, a corporation of Maryland; Charles S. Hampton; J. C. Lovett; James George; O. Stanislaus; and H. L. (Henry) Collins, Cross-Appellees.

United States Court of Appeals Tenth Circuit.

October 31, 1955.

Attorney(s) appearing for the Case

B. W. Tabor and C. N. Haskell, Tulsa, Okl., for appellant and cross-appellee, United States Fidelity & Guaranty Co.

Robert D. Hudson, Tulsa, Okl. (Richard L. Wheatley, Vinita, Okl., on the brief), for appellee and cross-appellant, Craig County Bank of Vinita, Okl.

Jack L. Rorschach, Vinita, Okl., and W. L. Steger, Durant, Okl. (Gable, Gotwals & Hays, Tulsa, Okl., on the brief), for appellees and cross-appellees.

Before BRATTON, MURRAH, and PICKETT, Circuit Judges.

BRATTON, Circuit Judge.

United States Fidelity & Guaranty Company, hereinafter referred to as the bonding company, instituted this action against Craig County Bank of Vinita, Oklahoma, hereinafter referred to as the bank, Charles S. Hampton, J. C. Lovett, James George, O. Stanislaus, and H. L. Collins. The bonding company was engaged in the business among other things of writing bankers blanket bonds. The bank was engaged in the general banking business at Vinita...

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