TWIN CITY BISCUIT CO. v. ALLSTATE INS. CO.

No. 48851.

283 N.W.2d 520 (1979)

TWIN CITY BISCUIT COMPANY, Respondent, v. ALLSTATE INSURANCE COMPANY, Appellant.

Supreme Court of Minnesota.

August 17, 1979.


Attorney(s) appearing for the Case

Meagher, Geer, Markham, Anderson, Adamson, Flaskamp & Brennan, and Gary M. Hagstrom, Minneapolis, for appellant.

Thomsen, Nybeck, Herbst & Johnson, and Adrian E. Herbst, Edina, for respondent.

Heard before SHERAN, C. J., TODD and WAHL, JJ., and considered and decided by the court en banc.


SHERAN, Chief Justice.

This is an appeal from a judgment of the district court. Under the terms of a policy of insurance issued by Allstate Insurance Company to Twin City Biscuit Company, the insured was covered for loss of money, securities and other property through fraudulent or dishonest actions committed by employees to an amount not exceeding $10,000 for the period from July 25, 1971, to July 25, 1974. By the terms of an endorsement which was issued July 25...

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