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FIRST NAT. B. & T. CO. OF OKLAHOMA CITY v. UNITED STATES F. & G. CO.

No. 9570.

232 F.Supp. 927 (1964)

The FIRST NATIONAL BANK & TRUST COMPANY OF OKLAHOMA CITY, Plaintiff, v. UNITED STATES FIDELITY AND GUARANTY COMPANY, a Corporation, and John Fawcett, Defendants.

United States District Court W. D. Oklahoma.

August 26, 1964.

Attorney(s) appearing for the Case

R. C. Jopling, Jr., Fowler, Rucks, Baker, Jopling, Gramlich & Mee, Oklahoma City, Okl., for plaintiff.

Edgar Fenton, Fenton, Fenton, Smith & McCaleb, Oklahoma City, Okl., for defendant United States Fidelity and Guaranty Co.

C. Wayne Litchfield, Savage, Gibson, Benefield & Shelton, Oklahoma City, Okl., for defendant John Fawcett.

BOHANON, District Judge.

This diversity action is one whereby the plaintiff seeks to recover from its insurer the amount of a loss claimed to be compensable under a "Bankers Blanket Bond."

There is no dispute about the facts. On April 22, 1961, defendant United States Fidelity and Guaranty Company issued to the plaintiff bank a Bankers Blanket Bond contract of insurance, a copy of which is attached to the Complaint. The bank extended credit and loaned money...

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