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

No. 49189.

219 So.2d 508 (1969)

253 La. 721

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

Supreme Court of Louisiana.

February 24, 1969.


Attorney(s) appearing for the Case

Gold, Hall & Skye, Alexandria, for plaintiffs-applicants.

Stafford & Pitts, Alexandria, for defendant-respondent.


SUMMERS, Justice.

Plaintiffs Verneco, Inc., and Roy O. Martin Retirement Trust instituted this suit against Fidelity and Casualty Company of New York to recover under a blanket crime policy insuring plaintiffs and the affiliated companies of Martin Industries against fraudulent or dishonest acts of its employees. The trial court gave judgment in favor of plaintiffs as prayed for in the sum of $10,000, the full amount of the policy coverage. On appeal to the Third...

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