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LANGDEAU v. GREAT AMERICAN INSURANCE COMPANY

No. 11110.

369 S.W.2d 944 (1963)

C. H. LANGDEAU, Receiver of Southern Industrial Life Insurance Company and Liquidator for the State Board of Insurance, et al., Appellants, v. GREAT AMERICAN INSURANCE COMPANY, Appellee.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied August 1, 1963.

Further Rehearing Denied August 8, 1963.

Attorney(s) appearing for the Case

John R. Grace, Kerns B. Taylor and Harold G. Kennedy, Austin, Waggoner Carr, Atty. Gen., Dudley D. McCalla, Joe R. Long, Asst. Attys. Gen., Austin, for appellants.

Brown, Sparks & Erwin, Will G. Barber, Austin, for appellee.

HUGHES, Justice.

This suit is by C. H. Langdeau in his official capacity as Receiver of Southern Life Insurance Company and as Liquidator for the State Board of Insurance and the State Board of Insurance against Great American Insurance Company of New York upon a fidelity bond executed by it in the sum of $20,000.00 whereby it became bound to pay not to exceed such sum to the "Commissioner of Insurance for the use and benefit of Southern Industrial Life Insurance...

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