Pierson, Rec. v. Republic Casualty Co.

This is an action in damages by appellant against the appellee founded upon a breach of a supersedeas bond executed and filed by the appellee as surety for the Standard Electric Manufacturing Company as principal. This bond was given to stay the judgment of the trial court, as stated in the bond, pending the appeal in the case where Roy Tuttle, who was a stockholder of the principal of this bond, against the principal, in the case wherein he, as plaintiff, asked that a receiver be appointed without notice for the Standard Electric Manufacturing Company. A receiver was appointed. Standard…