Central West Casualty Co. v. Stewart

Opinion op the Court by

Judge Clay

— Reversing.

R. E. Culbertson leased from J. Boyd Stewart a dwelling bouse in Ashland for a period of one year at a monthly rental of $50, and agreed to give him a surety bond for the proper care of the property and payment -of the rent. At that time Culbertson was the agent of the Central West Casualty Company, acting under a •duly recorded power of attorney authorizing him to •execute on behalf of the company as surety “any bond, undertaking or contract of suretyship, not to exceed the ■ sum of Fifty Thousand Dollars ($50,000.00).” On June 1, 1929, and while…