Fireman's Fund Insurance Co. v. Abilene Livestock Auction Co.

DIXON, Chief Justice.

This appeal calls on us to construe 7 U.S. C.A. 201 et seq., known as the Packers and Stockyards Act, hereinafter called the Act, with respect to a dealer’s bond executed for the purpose of complying with Section 204 of the Act.

Abilene Livestock Auction Company, ap-pellee, of Abilene, Texas, brought suit against Gene Pope of Clovis, New Mexico as principal and appellant Fireman’s Fund Insurance Company as surety on a $5,000 livestock dealer’s bond. Following a non-jury trial judgment was rendered in favor of appellee for $4,275.40 against both Pope and appellant.

The facts…