PARAMOUNT PAPER PRODUCTS CO. v. AETNA CAS. & SUR. CO.

No. 36705.

157 N.W.2d 763 (1968)

182 Neb. 828

PARAMOUNT PAPER PRODUCTS COMPANY, Inc., Appellant, v. AETNA CASUALTY & SURETY COMPANY, Appellee.

Supreme Court of Nebraska.

March 29, 1968.


Attorney(s) appearing for the Case

Matthews, Kelley & Cannon, Omaha, for appellant.

Cassem, Tierney, Adams & Henatsch, John R. Douglas, Omaha, for appellee.

Heard before WHITE, C. J., and CARTER, SPENCER, BOSLAUGH, SMITH, McCOWN and NEWTON, JJ.


NEWTON, Justice.

This is an action on a blanket crime policy issued by defendant to plaintiff. As a part of the insuring agreement, the policy provides coverage as follows: "EMPLOYEE DISHONESTY COVERAGE. 1. Loss of Money, Securities and other property which the Insured shall sustain through any fraudulent or dishonest act or acts committed by any of the Employees, acting alone or in collusion with others." It also contains the following exclusion clause referred to...

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