VERNECO, INC. v. FIDELITY & CASUALTY COMPANY OF NEW YORK

No. 2244.

207 So.2d 828 (1968)

VERNECO, INC., et al., Plaintiffs-Appellees, v. The FIDELITY & CASUALTY COMPANY OF NEW YORK, Defendant-Appellant.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied March 25, 1968.

Writ Granted April 19, 1968.


Attorney(s) appearing for the Case

Stafford & Pitts, by John L. Pitts, Alexandria, for defendant-appellant.

Gold, Hall & Skye, by William E. Skye, Alexandria, for plaintiffs-appellees.

Before SAVOY, CULPEPPER and LEAR, JJ.


LEAR, Judge.

This case comes up on an appeal from a judgment rendered against defendant on an employee fidelity bond, or blanket crime policy, admittedly issued by defendant to cover the employees of numerous affiliated corporations. The bond provided for a limitation of coverage in the sum of $10,000.

The facts are undisputed. On the second day of November, 1960, one Milton Lee Walden pleaded guilty to a charge...

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