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FEDERAL SAVINGS & LOAN INS. CORP. v. AETNA INSURANCE CO.

No. 66 C 1176.

279 F.Supp. 161 (1968)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, a corporation, Plaintiff, v. AETNA INSURANCE COMPANY, a corporation, Defendant.

United States District Court N. D. Illinois, E. D.

February 20, 1968.

Attorney(s) appearing for the Case

McCarthy, Witry, Lyon & McCarthy, Chicago, Ill., for plaintiff.

Dent, Hampton & Doten, Chicago, Ill., for defendant.

MEMORANDUM ON PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

ROBSON, District Judge.

Plaintiff moves for summary judgment in this declaratory judgment suit for construction of a fidelity savings and loan blanket bond issued by the defendant, insuring against defalcations by the officers of the Beverly Savings and Loan Association. The Bank's obligations were insured by the plaintiff, which assumed them when the Bank liquidated.

The alleged multiple misdeeds...

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