LYNDONVILLE SAVINGS BANK & T. CO. v. PEERLESS INS. CO.

No. 204.

234 A.2d 340 (1967)

LYNDONVILLE SAVINGS BANK AND TRUST CO. v. PEERLESS INSURANCE COMPANY.

Supreme Court of Vermont.

October 3, 1967.


Attorney(s) appearing for the Case

Kyle T. Brown and Arthur L. Graves, St. Johnsbury, for plaintiff.

McKee & Clewley, Montpelier, for defendant.

Before HOLDEN, C. J., and SHANGRAW, BARNEY, SMITH and KEYSER, JJ.


SMITH, Justice.

This action was brought by the plaintiff bank against the defendant insurance company upon a standard form of "Banker's Blanket Bond" issued by the defendant to the plaintiff. The clause of the bond upon which recovery is sought is loss of property suffered by the bank by means of "robbery, burglary, common-law or statutory larceny, theft, false pretenses, holdup" and the like.

The bank complains that while the policy was in full force and...

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