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MORTGAGE CORP. OF N.J. v. AETNA CAS. & SURETY CO.

19 N.J. 30 (1955)

115 A.2d 43

THE MORTGAGE CORPORATION OF NEW JERSEY, A BODY CORPORATE, PLAINTIFF-RESPONDENT AND CROSS-APPELLANT, v. THE AETNA CASUALTY & SURETY COMPANY, LIKEWISE A BODY CORPORATE, DEFENDANT-APPELLANT AND CROSS-RESPONDENT.

The Supreme Court of New Jersey.

Decided June 20, 1955.

Attorney(s) appearing for the Case

Mr. Charles W. Broadhurst argued the cause for the appellant and cross-respondent (Messrs. Emory, Langan & Lamb, attorneys).

Mr. Theodore McCurdy Marsh argued the cause for the respondent and cross-appellant (Messrs. Riker, Emery & Danzig, attorneys; Mr. Everett M. Scherer, of counsel).

The opinion of the court was delivered by JACOBS, J.

The defendant Surety Company issued a "Brokers Blanket Bond" which undertook to indemnify and hold harmless the plaintiff Mortgage Corporation against losses described as follows: "Fidelity (A) Any loss through any dishonest, fraudulent or criminal act of any of the Employees, committed anywhere and whether committed alone or in collusion with others, including loss of property through any such act of any...

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