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AETNA CAS. & SUR. CO. v. GRAVES

Civ. A. No. 74-21.

422 F.Supp. 1046 (1976)

AETNA CASUALTY & SURETY COMPANY v. James W. GRAVES et al., Whitney National Bank and First National Bank of Commerce, Garnishees.

United States District Court, W. D. Louisiana, Monroe Division.

November 18, 1976.

Attorney(s) appearing for the Case

Henry B. Bruser, UUU, Gold, Hall, Hammill & Little, Alexandria, La., for plaintiff.

James W. Graves, pro se.

Lloyd F. Love, Ferriday, La., for Purser Raburn.

Roy S. Halcomb, Halcomb & Cole, Ferriday, La., for United Furniture.

John M. Sturgeon, Jr., Sturgeon & Gore, Ferriday, La., for M. P. Brann.

William Charles Bradley, Baker, La., for Baker Bank & Trust.

Donnie L. Ellerman, Winnsboro, La., for William Baker.

George L. Wax, Dart & Dart, New Orleans, La., for First Nat. Bank of Commerce.

Walter J. Suthon, III, Monroe & Lemann, New Orleans, La., for Whitney Nat. Bank.

DAWKINS, Senior District Judge:

RULING

Aetna Casualty & Surety Company (hereinafter plaintiff or Aetna) as subrogee of the Federal Deposit Insurance Corporation (FDIC) and Delta Security Bank & Trust Company of Ferriday, Louisiana, here sues numerous defendants to recover payment of a claim by FDIC on a banker's blanket bond insuring Delta for losses arising out of employee theft.

In January, 1973, an audit by FDIC and the Commissioner of...

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