Griggs v. Peerless Insurance Co.

OPINION

WILLIAM M. LEECH, Special Justice.

This is an action by the Commissioner, Department of Employment Security for the State of Tennessee, to recover from the defendant, Peerless Insurance Company, contributions due from Ransom Enterprises, Inc. as provided by the “Tennessee Employment Security Law”. (§ 50-1301 et seq. T.C.A.) This action against Peerless is a direct action on the performance bonds required by § 12-417 et seq. T.C.A.

*184The material facts giving rise to this action are as follows:

In 1968 Ransom Enterprises, Inc. entered into two separate contracts with two separate Housing…