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MERCANTILE ACCEPTANCE CORP. v. GLOBE INDEM. CO.

Docket No. 10357.

210 Cal.App.2d 636 (1962)

27 Cal. Rptr. 75

MERCANTILE ACCEPTANCE CORPORATION OF CALIFORNIA, Plaintiff and Respondent, v. GLOBE INDEMNITY COMPANY, Defendant and Appellant.

Court of Appeals of California, Third District.

December 11, 1962.

Attorney(s) appearing for the Case

Robert M. Cole for Defendant and Appellant.

William T. Sweigert for Plaintiff and Respondent.

SCHOTTKY, J.

Globe Indemnity Company appeals from a judgment in favor of Mercantile Acceptance Company in an action to recover on a statutory bond issued by Globe to W.C. Jones, doing business as W.C. Jones Auto Sales.

The action went to trial on two different causes of action, each based on fraud, against Globe alone as the default of Jones had been entered previously.

[1] Before discussing the contentions made by appellant, we shall...

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