CHARTER BANK NORTHWEST v. EVANSTON INS. CO.

No. 85-2628.

791 F.2d 379 (1986)

CHARTER BANK NORTHWEST, Plaintiff-Appellee, v. EVANSTON INSURANCE COMPANY, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

June 11, 1986.


Attorney(s) appearing for the Case

Robert L. Suomala, Keith A. Hanson, Chicago, Ill., for defendant-appellant.

Stephen L. Baskind, James A. Knox, Dallas, Tex., for plaintiff-appellee.

Before WISDOM, RUBIN, and HIGGINBOTHAM, Circuit Judges.


PATRICK E. HIGGINBOTHAM, Circuit Judge:

Evanston Insurance Company appeals from a summary judgment holding that certificates of deposit for $200,000, issued upon actual deposits of $2,000, were "forged" and "altered" within the meaning of Evanston's bond with Charter Bank Northwest. Finding that the certificates were signed in the true name of the bank president who issued them, and that they were not altered, we reverse.

I

Charter Bank Northwest...

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