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EVERHART v. DRAKE MANAGEMENT, INC.

No. 78-1428.

627 F.2d 686 (1980)

Lee A. EVERHART et al., Plaintiffs, v. DRAKE MANAGEMENT, INC. et al., Defendants. UNION COMMERCE, Defendant-Third Party Plaintiff-Appellant, v. FIREMAN'S FUND INSURANCE CO. et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

October 8, 1980.

Attorney(s) appearing for the Case

Wilfred C. Varn, Thomas M. Ervin, Jr., Tallahassee, Fla., for plaintiff.

Fowler, White, Gillen, Boggs, Villareal & Banker, W. Donald Cox, Tampa, Fla., for Fireman's Fund Ins.

John K. Folsom, Tallahassee, Fla., for Albert H. Stephens, Rhodes, and Frederick Bryant.

Hall & Booth, J. Lewis Hall, Tallahassee, Fla., for Travelers Indemnity Co. Stephens, Rhodes & Bryant.

Before TUTTLE, BROWN and TATE, Circuit Judges.

JOHN R. BROWN, Circuit Judge:

Union Commerce Bank (Bank), appeals trial court's grant of summary judgment1 in favor of insurer, Fireman's Fund Insurance Co. (Insurer), in direct action to recover under terms of blanket bond fidelity insurance contract issued to insured, Commonwealth Corporation (Commonwealth). Bank argues the blanket bond fidelity contract extends coverage to third-party beneficiaries...

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