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ALLIANCE NAT. BANK v. STATE SUR. CO.

No. 85-113.

390 N.W.2d 487 (1986)

223 Neb. 403

ALLIANCE NATIONAL BANK & TRUST COMPANY, a National Banking Association, Appellee, v. STATE SURETY COMPANY, a Corporation, Appellant.

Supreme Court of Nebraska.

July 18, 1986.

Attorney(s) appearing for the Case

Morris L. Woodruff of Muffly, Oglesby & Brown, Lincoln, for appellant.

Robert M. Zuber of Zuber & Ginsburg, Omaha, and Mark L. Andersen, for appellee.

KRIVOSHA, C.J., and BOSLAUGH, WHITE, HASTINGS, CAPORALE, SHANAHAN, and GRANT, JJ.

SHANAHAN, Justice.

State Surety Company appeals the $20,000 judgment in favor of Alliance National Bank & Trust Company awarded by the district court for Box Butte County in a bench trial. Alliance National had sued on State Surety's bond indemnifying against "false and fraudulent representations or deceitful practices" of Fred Arntt, the principal of a motor vehicle dealer's bond issued by State Surety.

In a bench trial of a law action, factual findings...

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