People Ex Rel. Youngs v. United States Fidelity & Guaranty Co.

W. E. Wood Company entered into a contract with the city of Flint, Michigan, for the construction of a sewage treatment plant in accordance with plans and specifications furnished by Hoad, Decker, Shoecraft & Drury, engineers, and executed a bond to the city as obligee, and with defendant United States Fidelity & Guaranty Company of Baltimore, a Maryland corporation, as surety, in the sum of $479,000. One of the conditions of the bond was as follows:

“Now, therefore, the condition of this obligation is such, that if the above-named principal, legal representatives, or successors shall pay or…