Byrd Motor Co. v. Fidelity and Casualty Co.

The complainant has appealed from a decree of the chancery court of Hamilton county dismissing its bill. Both the complainant and the defendant are corporations. The bill charged that the defendant on September 21, 1921, executed for and on behalf of the complainant an automobile confiscation bond, for the sum of $40,000, for and in consideration of a premium of $200.83, which premium had been paid. A copy of the bond was made an exhibit to complainant’s bill. Said bond sued.on is in the following words and figures, to wit:

“(Automobile Confiscation Bond: Form 1463.)

“The Fidelity and Casualty…