Harrisburg School District v. Eureka Casualty Co.

Opinion by

Mr. Justice Maxey,

The school district of the City of Harrisburg appointed the Commercial Trust Company of that city a depositary for school district moneys upon the condition that the trust company furnish a surety company bond for the faithful performance of its duties as such depositary, and the repayment on demand of all its moneys deposited with such depositary. The trust company furnished such a bond in the sum of $35,000, with the school district as obligee, and the Eureka Casualty Company, the appellant, as surety. The term of the bond was for one year from August 26, 1931.

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