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TITLE GUARANTY & SURETY CO. v. NICHOLS

No. 102.

224 U.S. 346 (1912)

32 S.Ct. 475

56 L.Ed. 795

TITLE GUARANTY & SURETY COMPANY v. NICHOLS.

Supreme Court of United States.

Decided April 8, 1912.

Attorney(s) appearing for the Case

Mr. Philip Walker, with whom Mr. C.F. Ainsworth was on the brief, for plaintiff in error.

Mr. Frank B. Kellogg, with whom Mr. C.A. Severance, Mr. Robert E. Olds, Mr. Thomas Armstrong, Jr., and Mr. Ernest W. Lewis were on the brief, for defendant in error.

MR. JUSTICE LURTON delivered the opinion of the court.

Action upon a bond executed by the plaintiff in error to protect the Union Bank & Trust Company, of Phoenix, Arizona, against the dishonesty of its cashier. There were two or more renewals. Embezzlements by the cashier occurred during the currency of the bond. After a right of action had accrued, the bond was assigned to the defendant in error, who brought this action...

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