Inhabitants of Alexander v. Maine Bonding & Casualty Co.

WEBBER, Justice.

On appeal. This was an action brought by plaintiff town to recover the amounts due upon certain bonds furnished by defendant as surety for one Lewis J. Frost, deceased, in his capacity as collector of taxes for plaintiff town in the period from 1961 to 1965. Each bond was a sealed instrument and was conditioned upon the faithful discharge of all the duties and obligations of the office held by Mr. Frost. *440The parties agree that because of misappropriation of funds the defendant is obligated to the plaintiff in the amount of at least $1,854.81, and if the six year statutory…