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SOUTH TEXAS NAT. BANK v. U.S. FIRE INS. CO.

Civ. A. No. L-83-34.

640 F.Supp. 278 (1985)

SOUTH TEXAS NATIONAL BANK OF LAREDO, Plaintiff, v. UNITED STATES FIRE INSURANCE COMPANY, Defendant.

United States District Court, S.D. Texas, Laredo Division.

January 10, 1985.

Attorney(s) appearing for the Case

Donato D. Ramos, Laredo, Tex., for plaintiff.

Terry Topham, John W. Davidson, San Antonio, Tex., for defendant.

ORDER

KAZEN, District Judge.

South Texas National Bank (South Texas) has sued its insurer United States Fire Insurance Company (the company). South Texas seeks to recover under a Banker's Blanket Bond and Excess Fidelity policy (the policy). South Texas asserts that the policy covers its losses caused by the alleged dishonesty and fraudulent acts of its former President, Bristow, and Vice-President, Rios, in connection with loans to Francisco Lerma and his...

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