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MIAMI NATIONAL BANK v. PENNSYLVANIA INSURANCE CO.

No. 68-514-Civ-TC.

314 F.Supp. 858 (1970)

MIAMI NATIONAL BANK, a United States banking association, Plaintiff, v. The PENNSYLVANIA INSURANCE COMPANY, a Pennsylvania corporation, and Royal Indemnity Company, a New York corporation, Defendants.

United States District Court, S. D. Florida.

July 14, 1970.

Attorney(s) appearing for the Case

Harrison & Kornbluh, and Howard R. Hirsch, Miami, Fla., for plaintiff.

Dixon, Bradford, Williams, McKay & Kimbrell, Miami, Fla., for defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

CABOT, District Judge.

Final hearing in this cause was held before the Court sitting without a jury on April 27, 28, 29 and 30, and on May 4 and 5, 1970, on the amended complaint and answer and on the third party complaint and answer.

This is an action by the plaintiff, Miami National Bank (Bank), to recover damages as a result of a loss which the Bank claims it sustained as a result of the dishonest, fraudulent...

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