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PHOENIX SAVINGS AND LOAN, INC. v. AETNA CASUALTY & SUR. CO.

No. 11011.

381 F.2d 245 (1967)

PHOENIX SAVINGS AND LOAN, INC., Appellant, v. The AETNA CASUALTY AND SURETY COMPANY, Appellee.

United States Court of Appeals Fourth Circuit.

Decided July 6, 1967.

Attorney(s) appearing for the Case

Clarence W. Sharp, Baltimore, Md. (Herbert H. Rosenbaum, Baltimore, Md., on the brief), for appellant.

Elmer W. Beasley, Hartford, Conn. (William B. Kempton, Baltimore, Md., Alexander M. Heron and Preston C. King, Jr., Washington, D. C., on the brief) for appellee.

Before SOBELOFF and CRAVEN, Circuit Judges, and SIMONS, District Judge.

SIMONS, District Judge:

Appellant, Phoenix Savings and Loan Inc., successor to Phoenix Savings and Loan Association, Inc. (herein referred to interchangeably as "Phoenix") brought this action against defendant, The Aetna Casualty and Surety Company (herein referred to as "Aetna") in the Superior Court of Baltimore City, Maryland, seeking indemnity under a Savings and Loan Blanket Bond, Standard Form No. 22, revised to September 1960, for losses claimed to have been...

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