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WILLIAMS v. GLOBE INDEMNITY COMPANY

No. 74-1287.

507 F.2d 837 (1974)

James R. WILLIAMS, Appellant, v. GLOBE INDEMNITY COMPANY, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided October 30, 1974.

Rehearing and Rehearing Denied December 5, 1974.

Certiorari Denied April 28, 1975.

Attorney(s) appearing for the Case

Richard H. Mays, Mays & Landers, El Dorado, Ark., for appellant.

Francis L. Kenney, Jr., St. Louis, Mo., and William S. Arnold, Crossett, Ark., for appellee.

Before HEANEY, BRIGHT and ROSS, Circuit Judges.

Rehearing and Rehearing En Banc Denied December 5, 1974.

Certiorari Denied April 28, 1975. See 95 S.Ct. 1679.

HEANEY, Circuit Judge.

Appellant Williams embezzled approximately $50,000 from his employer, Monsanto. The embezzlement was discovered by March 12, 1970, and Williams confessed in detail to his employer on that date. The employer made a claim against its insurer (Globe), the appellee, on a blanket crime policy, and Globe paid the employer the...

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