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M. S. WALKER, INC. v. TRAVELERS INDEMNITY COMPANY

No. 71-1400.

470 F.2d 951 (1973)

M. S. WALKER, INC., Plaintiff, Appellant, v. The TRAVELERS INDEMNITY COMPANY, Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided January 3, 1973.

Attorney(s) appearing for the Case

Kenneth H. Soble, Boston, Mass., with whom Martin B. Shulkin and Soble, Soble & Shulkin, Boston, Mass., were on brief, for appellant.

Robert J. Sherer, Boston, Mass., with whom Roche, Carens & DeGiacomo, Boston, Mass., was on brief, for appellee.

Before COFFIN, Chief Judge, ALDRICH and CAMPBELL, Circuit Judges.

CAMPBELL, Circuit Judge.

This is a diversity action removed from the Massachusetts state court, in which Walker, a distiller, rectifier and wholesaler of alcoholic beverages, seeks to recover $151,386 under the blanket crime coverage of an insurance policy issued by Travelers. Walker allegedly lost that sum as a result of thefts of inventory by its own employees. Travelers conceded, and the district court found, liability...

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