Independent School District v. Morris

On November 25, 1925, the plaintiff~appellant, which is an independent school district, brought this action, to recover from the defendant-appellee $11,209.95, with interest. This cause of action arose from an alleged depository bond executed by the appellee, as surety, to secure the return of school funds placed in the Burton & Company State Bank, of Kellogg.

V. R. Martin was treasurer of the school corporation. His personal bond apparently was approved by the board July 7, 1924. At that meeting, the treasurer also presented to the board the depository bond here sued upon. Just what was done…