Hartford Accident & Indemnity Co. v. Casalino

Motion to cancel and discharge judgment against bankrupt. The respondent, as surety, gave its bond pursuant to agreement with the movant. The bond was required by the *812State Liquor Authority upon issuing a license to movant to insure her compliance with the Alcoholic Beverage Control Law. That the security was in the nature of a penalty cannot be disputed. The movant was found guilty of a violation of the aforesaid law, and the bond was- declared forfeited. The surety thereupon paid the State the full amount of the bond, and brought suit against the movant for that amount. From a reading of…