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CENTURY BANK v. ST. PAUL FIRE & MARINE INS. CO.

Docket No. L.A. 29795.

4 Cal.3d 319 (1971)

482 P.2d 193

93 Cal. Rptr. 569

CENTURY BANK, Plaintiff and Respondent, v. ST. PAUL FIRE & MARINE INSURANCE COMPANY, Defendant and Appellant.

Supreme Court of California. In Bank.

March 19, 1971.

Attorney(s) appearing for the Case

COUNSEL

Dillavou & Cox and C.C. Dillavou for Defendant and Appellant.

Goodstein & Moffitt, John P. Moffitt, Stuart S. Barnett and Maurice Mac Goodstein for Plaintiff and Respondent.

OPINION

BURKE, J.

Plaintiff bank recovered judgment upon an indemnity bond issued to it by defendant insurance company, which appeals. As hereinafter appears, we have concluded that the trial court correctly ruled that a document upon which plaintiff relied in making a loan fell within the bond's coverage with respect to counterfeited or forged instruments, and that the judgment should be affirmed.

Security for a loan of ...

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