Allegheny Plastics, Inc. v. Stuyvesant Insurance

Opinion

Per Curiam,

Appellant, Allegheny Plastics, Inc. (Allegheny), entered into a contract with Industrial Structures, Inc. (Industrial), for the construction of a building for Allegheny by Industrial. Industrial, as principal, and The Stuyvesant Insurance Co. (Stuyvesant), as surety, delivered a performance, labor and materials bond to Allegheny, insuring Industrial’s undertaking.

The building was completed and the entire contract price paid to Industrial. Subsequently, Allegheny received notices of unpaid claims against Industrial, arising out of the supplying of labor and materials for the…