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FIRST SEC. SAV. v. KANSAS BANKERS SUR. CO.

Nos. 87-1660, 87-1661 and 87-1769.

849 F.2d 345 (1988)

FIRST SECURITY SAVINGS, Appellant, v. KANSAS BANKERS SURETY CO., Appellee, v. James L. GILLETTE, et al., Third Party Defendants. FIRST SECURITY BANK & TRUST, Appellant, v. KANSAS BANKERS SURETY CO., Appellee.

United States Court of Appeals, Eighth Circuit.

Decided June 16, 1988.

Rehearing and Rehearing Denied July 27, 1988.

Attorney(s) appearing for the Case

James B. Cavanagh, Omaha, Neb., for appellant.

Gregory Bien, Topeka, Kan., for appellee.

Before ARNOLD, WOLLMAN and TIMBERS, Circuit Judges.

Rehearing and Rehearing En Banc Denied July 27, 1988.

TIMBERS, Circuit Judge.

First Security Savings ("FSS") and First Security Bank & Trust ("FSB&T") appeal from summary judgments entered March 3, 1987 and March 6, 1987, respectively, in the District of Nebraska, Warren K. Urbom, District Judge, holding that Kansas Bankers Surety Co. ("KBS"), which had issued both banks a bankers blanket bond and an excess employee dishonesty bond, had valid...

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