Legal Opinion · Dissent
Western Surety Company v. Childers
Supreme Court of Oklahoma
Decided June 19, 1962No. 39304Published
1DissentWilliams, Chief Justice
The question in this appeal is whether the surety on a real estate broker’s bond is liable on each judgment against the broker, up to a limit of $1000.00 per judgment, or whether it is liable only in the total amount of $1000.00.
The majority of the members of this Court hold for total liability of not to exceed $1000.00. I do not agree.
The applicable statute is 59 O.S.1961 § 848:
“The Commission shall not issue any real estate broker’s license or real estate salesman’s license, or a renewal thereof, until the applicant therefor has filed with the Commission a Surety Bond in the sum of One…
2Cases cited5 opinions
- Maryland Casualty Co. v. State Industrial CommissionSupreme Court of Oklahoma · 1929
- Standard Surety & Casualty Co. v. Oklahoma ex rel. ThilstedCourt of Appeals for the Tenth Circuit · 1944
- Pioneer Const. Co. v. First State BankSupreme Court of Oklahoma · 1915
- Gregg v. Oklahoma State Bank of AdaSupreme Court of Oklahoma · 1919
- Cravens v. First State Bank of SeminoleSupreme Court of Oklahoma · 1960