Engler v. People's Fire Insurance
Stewart, J., delivered the opinion of the Court. Exception has been taken by the appellant, to the refusal of his four prayers by the Superior Court of Baltimore City. The bond of the appellant, upon which the suit was instituted, was admitted to have been executed by him in New York, and sent to the appellee, and to have been in its possession from its execution, until its production in Court. It was ruled by this Court in the case of the Union Bank of Md. vs. Ridgely, 1 H. & G., 324 , that in the absence of any evidence to the contrary, the possession and production of such instrument, is sufficient prima facie evidence of the delivery and acceptance thereof.
There was consequently no error in the rejection of the appellant’s fourth prayer. 332 By the 4th Article of the by-laws of the appellee, after specifying certain duties to be performed by the secretary, he was required to discharge such other duties as might be referred to him, by the board of directors or the standing committees. Under this provision, the secretary might have been entrusted with the custody of the funds of the company, and the first prayer of the appeliant could not have been granted without ignoring this obligation, and it was properly refused. The appellants’ second prayer was unsound, and calculated to. mislead the jury. Whilst recognizing the duty of the secretary to take care of the funds of the company referred to him by the directors or standing committee, the appellant sought an instruction, that if the jury found that he was entrusted with the keeping of the money of the company, without such reference, the appellee could not recover.
If the proposition was correct to such extent, that would not debar the appellee from recovering for any other breach. The condition of his bond provides, not only, that he shall account for all money coming into his hands as secretary ; but further for the faithful performance of his duty as secretary, embracing not only the care of funds confided to him, but the general discharge of his official duty. In effect and upon a fair construction of its terms, stipulating for his honesty and fidelity as an officer of the company. The prayer was not commensurate with the duty, and there was no error in
This is a preview of Engler v. People's Fire Insurance. About 50% of the opinion remains. Read the complete opinion in RecordCite.