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U.S. NAT. BK. IN JOHNSTOWN v. RELIANCE INS.

348 Pa.Super. 30 (1985)

501 A.2d 283

UNITED STATES NATIONAL BANK IN JOHNSTOWN, Appellant, v. RELIANCE INSURANCE COMPANY, Appellee.

Supreme Court of Pennsylvania.

Filed December 13, 1985.

Attorney(s) appearing for the Case

E.J. Strassburger, Pittsburgh, for appellant.

Danial J. Weis, Pittsburgh, for appellee.

Before OLSZEWSKI, POPOVICH and MONTGOMERY, JJ.

OLSZEWSKI, Judge:

This is an appeal from the judgment of the lower court following a jury trial in which appellant was denied payment under an insurance policy issued by appellee. Appellant contends that the Clause E, Blanket Bond Policy1 provided for coverage for the defaulted bank loan of Summit Mines Company, owned by Clifford L. Jones and Harold P. Walters, since the signature of...

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