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U.S. FIDELITY & GUAR. v. CITIZENS BANK OF TAZEWELL

Civ. A. No. 87-0146-A.

718 F.Supp. 471 (1989)

UNITED STATES FIDELITY AND GUARANTY COMPANY, Plaintiff, v. CITIZENS BANK OF TAZEWELL, Defendant.

United States District Court, W.D. Virginia, Abingdon Division.

August 8, 1989.

Attorney(s) appearing for the Case

David B. Hart, Roanoke, Va., for plaintiff.

Frederick W. Harman, Tazewell, Va., for defendant.

MEMORANDUM OPINION

GLEN M. WILLIAMS, Senior District Judge.

This is a complaint for declaratory judgment pursuant to 28 U.S.C. § 2201. United States Fidelity and Guaranty Company (hereafter, USF & G) issued a banker's blanket bond to Citizens Bank of Tazewell (hereinafter, Citizens), which bond was in force during the tenure of John H. Rife as Executive Vice-President and Chief Executive Officer of Citizens. Citizens takes the position that it is...

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