LIBERTY BANK CO. v. TRAVELERS CO.


58 Misc.2d 443 (1968)

Liberty National Bank and Trust Company, Plaintiff, v. Travelers Indemnity Company, Defendant.

Supreme Court, Erie County.

December 26, 1968


Attorney(s) appearing for the Case

Jaeckle, Fleischman, Kelly, Swart & Augspurger (David C. Fielding and Timothy C. Leixner of counsel), for plaintiff. Brown, Kelly, Turner, Hassett & Leach (Mark N. Turner of counsel), for defendant.


REID S. MOULE, J.

Plaintiff, claiming it lost $28,881.21 through a check kiting scheme, now seeks indemnity for the loss under a bankers blanket bond issued by the defendant.

The defendant claims that the loss is not covered by its bond.

The case was tried by the court without a jury on November 12, 13 and 14, 1968.

Norfolk Homes Inc. and Guerney Kranz Inc. were corporations owned by...

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