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NCNB NAT. BANK v. AETNA CAS. & SUR. CO.

No. 84-1752.

477 So.2d 579 (1985)

NCNB NATIONAL BANK OF FLORIDA, a National Banking Association, F/K/a Gulfstream Bank, N.A., Successor by Merger to Gulfstream American Bank and Trust, N.A., Appellant, v. The AETNA CASUALTY AND SURETY COMPANY, a Corporation, Appellee.

District Court of Appeal of Florida, Fourth District.

As Clarified August 22, 1985.

Attorney(s) appearing for the Case

Frank J. Sinagra of Britton, Cohen, Cassel, Kaufman & Schantz, P.A., Fort Lauderdale, for appellant.

Diane H. Tutt of Blackwell, Walker, Gray, Powers, Flick & Hoehl, Miami, for appellee.

DOWNEY, Judge.

Appellant, NCNB National Bank of Florida (NCNB), sued appellee, The Aetna Casualty and Surety Company (Aetna), on a bankers blanket bond to recover losses sustained by NCNB as a result of a depositor's check-kiting scheme. From a final judgment in favor of Aetna, NCNB has perfected this appeal.

Alan Gardner maintained three checking accounts and one savings account with NCNB. During 1979 and 1980 approximately $6,000,000 in funds were transferred...

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