Isaac v. American Surety Co.

This is the third appearance in this court of litigation growing out of a transaction in October, 1930, between Thomas A. Isaac, appellee, and the Intercoast Sales Corporation, a foreign corporation engaged in selling stocks and securities and having local offices at Toledo, Ohio. The said corporation had furnished a bond to the Division of Securities of Ohio as was then required by Section 8624-20, General Code (repealed 116 Ohio Laws, 472), and same was executed by The American Surety Company of New York, appellant herein.

In the original action Isaac sought to recover $5050 from Intercoast…