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UNITED BONDING INS. CO. v. BANCO SUIZO-PANAMENO, S. A.

No. 27546.

422 F.2d 1142 (1970)

UNITED BONDING INSURANCE COMPANY, Plaintiff-Appellant, v. BANCO SUIZO-PANAMENO, S. A., Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

February 16, 1970.

Attorney(s) appearing for the Case

William T. Moore, Miami, Fla., for plaintiff-appellant, Moore, Welbaum, Zook & Jones, Miami, Fla., of counsel.

Robert L. Parks, Karl J. Leib, Jr., William R. Dawes, Lynn F. Lummus, Miami, Fla., for defendant-appellee, Dawes & Lummus, and Quinton, Leib, Parks & Aurell, Miami, Fla., of counsel.

Before JOHN R. BROWN, Chief Judge, TUTTLE and MORGAN, Circuit Judges.

LEWIS R. MORGAN, Circuit Judge:

This is a suit on four financial guarantee bonds. United Bonding Insurance Company (hereafter United Bonding) brought an action for a declaratory judgment that the signatures of its licensed agent, Virgil P. Lynch, on the four bonds, each in the amount of $25,000.00 and guaranteeing payment by Sari C., Inc., a Florida corporation, to Banco Suizo-Panameno, S. A. (hereafter Banco), a Panamanian corporation, of two promissory notes dated...

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