MEMORANDUM OF DECISION
ORMA R. SMITH, District Judge.
This action has been submitted for a decision on the merits on a stipulation of facts and memoranda of counsel.
It is not necessary for an understanding of the court's decision to elaborate on the facts which give rise to the litigation. A short statement will suffice.
Plaintiff, during 1967, 1968, 1969 and 1970, systematically embezzled funds of his employer, the Maben Home Bank, Maben...
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