[DOWNLOAD] "Leonard v. Aetna Casualty & Surety Co." by Fourth Circuit Circuit Court Of Appeals # Book PDF Kindle ePub Free
eBook details
- Title: Leonard v. Aetna Casualty & Surety Co.
- Author : Fourth Circuit Circuit Court Of Appeals
- Release Date : January 12, 1935
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 60 KB
Description
The sole question involved in this case is the proper construction to be placed upon the terms of a fidelity bond. The facts are not in dispute. On October 23, 1925, Aetna Casualty & Surety Company executed and delivered a bond whereby Raymond N. Speigner, as principal, and the surety company as surety, acknowledged themselves held and firmly bound unto the National Exchange Bank of Chester, S.C. The bond recited that Speigner had been appointed to the position of bookkeeper in the service of the bank; and it was covenanted and agreed in the bond that the surety, in consideration of an annual premium of 30 cents per $100 of suretyship, to be paid by the bank, bound itself to pay to the bank such pecuniary loss as the bank should sustain through fraud or dishonesty committed by Speigner while holding any position in its service during the period commencing August 17, 1925. The bond also contained the following provisions:
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