Feldman v. Rockford Co.

On June 30, 1906, the plaintiffs, as sureties for the ¡M¡. C. Brooks' Company, executed their joint and several bond conditioned for the payment of $105,000 on July 1, 1907, to The Penn Mutual Life Insurance Company, to secure the payment of which indebtedness the M. C. Brooks Company executed a mortgage upon its real estate on May 2, 1907. The plaintiffs, Milford C. Brooks and the M. C. Brooks Company, as parties of the first part, entered into a contract with Julia Preker, Frank P. Rung and Edward T. Rung, as parties of the second part, wherein it was provided that the second parties should…