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NATIONAL SURETY CORPORATION v. RAUSCHER, PIERCE & CO.

No. 21903.

369 F.2d 572 (1966)

NATIONAL SURETY CORPORATION, Appellant, v. RAUSCHER, PIERCE & CO., Inc., Appellee.

United States Court of Appeals Fifth Circuit.

Rehearing Denied February 13, 1967.

Attorney(s) appearing for the Case

L. E. Elliott, of Brundidge, Fountain, Elliott & Churchill, Dallas, Tex., for appellant.

Paul Carrington, Fletcher L. Yarbrough, Jr., Dallas, Tex., Carrington, Johnson & Stephens, Dallas, Tex., of counsel, for appellee.

Before RIVES, BROWN and MOORE, Circuit Judges.

JOHN R. BROWN, Circuit Judge.

This appeal involves the question of liability under a Brokers Blanket Bond purchased to indemnify the Insured against any loss sustained due to dishonest, fraudulent or criminal acts of its employees and for court cost and reasonable attorney's fees incurred by the Assured in defending suits arising from such acts. The District Court sitting without a jury allowed Rauscher, Pierce and Company...

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