OSBORNE BONDING & SURETY COMPANY v. Glaze

Pope, Presiding Judge.

On February 15, 1989, the Probate Court of Clayton County appointed Mary Esposito as guardian over the property of her minor son, who inherited money from his deceased father. Following her appointment, Esposito entered into an agreement with Osborne Bonding & Surety Company. Pursuant to the agreement, Osborne issued bonds in the amount of $80,000 to secure Esposito’s performance as guardian. After Esposito failed to file probate court ordered annual returns regarding her son’s property in 1994 and 1995, and failed to appear at a “show cause” hearing on the matter, the…