MADSEN v. DAKOTA STATE BANK

No. 9954.

114 N.W.2d 93 (1962)

Charles MADSEN, Plaintiff and Appellant, v. DAKOTA STATE BANK, a corporation, Defendant and Respondent. Charles MADSEN, Plaintiff and Appellant, v. STOCKHOLM STATE BANK, a corporation, Defendant and Respondent.

Supreme Court of South Dakota.

March 20, 1962.


Attorney(s) appearing for the Case

Gunderson & Gunderson, Clear Lake, and Swenson & Nelson, Madison, Minn., for plaintiff and appellant.

Davenport, Evans, Hurwitz & Smith, Carleton R. Hoy, Sioux Falls, for defendants and respondents.


BIEGELMEIER, Judge.

In these two actions brought to recover rewards the facts were all agreed at the trial. Plaintiff appeals from the judgment dismissing the actions. Defendants are state banks located at Revillo and Stockholm, South Dakota. Each carried a Bankers' Blanket Bond issued by the hereafter named indemnity company covering losses resulting from robbery or burglary. They had them on display signs which read as follows:

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