Lawyers Surety Corporation v. LaDue

McDONALD, Chief Justice.

This appeal involves recovery on 2 separate real estate bonds. LaDue, plaintiff, sued J. E. Cockrell, J. P. Sanders, Tex-Tran Developers (a partnership composed of Cockrell and Sanders), Lawyers Surety Corporation as surety on real estate broker’s bond for Sanders, and Continental Casualty Company as surety on real estate broker’s bond for Cockrell, for $2000, money paid to the partnership on a contract of purchase to buy a' lot. Deed to the lot was never delivered; plaintiff made demand for return of his $2000 which was-not returned; and thereafter instituted the…