Citizens Trust & Guaranty Co. v. Farmers Bank

Opinion op the Court by

Judge Settle

Reversing.

This is an appeal from a judgment entered’ upon a verdict for $5,000.00, with interest from October 22, 1912, recovered by the appellee, Farmers Bank of Estill County, against the appellant, Citizens Trust & Guaranty Company, in the Lee Circuit Court.

The action in which the judgment was rendered grew out of the following state of facts: One W. S. Garrettson, *236who had entered into a contract with the United States-Government to construct lock No. 13 on the Kentucky River, executed a bond to the government for the faithful performance of the contract,…